Life Menu

Mortgage Protection Assurance

January 30, 2014 | posted in: All Life Business Policies, Life Menu | by

Do you have a mortgage on your house or an outstanding bank loan? Then this is the contract to ensure payment of the outstanding amount in case of untimely death of the mortgagor/borrower.

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Whole Life Assurance

January 30, 2014 | posted in: All Life Business Policies, Life Menu | by

This policy ensures payment of a capital sum to the dependants on the death of the life assured whenever that may occur. Premiums are payable throughout the life time of the life assured though it can be arranged for premiums to cease at a selected age usually retirement age e. g. 50, 55 and 60..

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Term

January 30, 2014 | posted in: All Life Business Policies, Life Menu | by

Term or Temporary Assurance is a short period contract. It provides for the payment of the capital sum assured on death of the life assured within a specified period. It is useful as a collateral security for loan or to secure maximum life cover during business trips.

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Authorised and Regulated by the National Insurance Commission (RIC 023)