General Overview
Life Insurance is a policy that protects you and safeguards your family’s future, no matter when any unexpected covered event occurs. Your designated loved ones would then receive the sum-insured compensation.
A couple of advantages we always choose to highlight with this solution are the following:
- The younger you are, the lower your premium. The amount you have to pay is automatically computed depending on your current age.
- By getting insured, you would be creating wealth for your family. The people you love would receive significant compensation in the event of your disability or death.
Coverages
The refundable, predefined sum insured, with or without a guaranteed renewability policy. You get insured over a cycle of 15 years with this plan if you are 60 years of age or younger. If the entirety of your premiums got paid, you benefit from refunds on your settled premiums at every cycle's end of the year.
The non-refundable, predefined sum insured, with or without a guaranteed renewability policy. The Term Life plan gets renewed until you are 75 years of age. Yet, you are free to set a specific period in time during which you want to be covered. If you pass away due to natural or accidental causes during this period, your named beneficiaries receive significant compensation, provided that all of your premiums got paid.
The non-refundable, predefined sum assured and riders, with a guaranteed renewability policy. Your coverage gets renewed until you are 65 years of age as long as you pay your premiums. The riders include Accidental Death, Passive War, Dread Disease, and Weekly Indemnity. Depending on the limit you select, your compensation amount is divided equitably among the different riders included in your plan.
Benefits & Payment Methods
| Benefits | CashBack | Term Life | Total Cover |
|---|---|---|---|
Natural death |  | | |
Accidental death | | | |
Death due to passive war  | | | |
Total and permanent disablement due to natural, accidental or war causes | | | |
Critical Illness | | ||
Weekly indemnity | | ||
Double indemnity accidental rider: | |||
To secure a cash fund to maintain your family's standard of living | | | |
To cover a personal or business loan | | | |
To protect a home mortgage | | | |
To pay for an inheritance tax fund | | | |
To secure an income replacement until children are through college and no longer dependent on parental income | | | |
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