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1. Term Insurance
Term Insurance offers you the
opportunity to have high coverage by paying a low premium, in case of loss
of life from any cause.
It is aimed at those of you
who would like to protect their family by paying a very low premium.
2. Educational Schemes
It is aimed at those of you
who are interested in creating capital for their children’s studies through
systematic savings.
EDUCATIONAL SCHEMES are
flexible investment plan just like all the others. In addition, there are
several other benefits that constitute this plan as a truly educational. The
scheme will continue to pay the premium of the policy, in case of loss of
life or total disablement of the Life Assured so that the policy continues
until the child is 18. Also, in such a case we will pay immediately after
the incident the difference between the Sum Assured and the value of the
units (if any) as a lump sum to the Child. Moreover, there is no surrender
value to the policy so that the child is the sole beneficiary.
At maturity, the child may
choose to receive the money either as a lump sum or as yearly instalments.
In case the child decides not to study then the amount is paid as a lump
sum.
The minimum duration of the
scheme is 10 years and the maximum is 21, giving you the flexibility to plan
in advance the university education of your child.
3. Unit-Linked Schemes
The investment schemes are
dynamic, flexible, and they respond to your current and future needs by
providing you coverage for a wide range of economic needs that may arise
such as, Protection of your family, Education of your children, Pension or
any other future personal need.
All unit-linked insurance
schemes provide the flexibility to allocate the premiums paid between the
company’s three dynamic investment funds, which are carefully designed on
the one hand to minimize investment risk and on the other to increase the
possibility of a higher long term investment return.
Moreover, all unit-linked
schemes offer you the following benefits to add optional premiums, Right to
increase or decrease your premium depending on your needs, Right to
surrender the policy, Free bonus units, A range of Supplementary Benefits to
add, Tax Deductibility of premiums
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