Life Insurance

Comprehensive life insurance policies are available and each modeled to ensure that the beneficiaries, be it you and/or members of your family, receive not more or not less in settlements for claims.

The following are several types of life insurance that we offer.

This scheme has several features similar to Endowment insurance, but is designed to remain in force during the insured's entire lifetime. It provides a guaranteed death benefit, and has a savings component called the “cash value.” Essentially, the cash value is invested and continues to grow as long as the policy is in force. Among the plans are:

This plan insures the life of a person for the specified endowment period, after which he/she receives the face value of the insurance policy. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

A policy designed to provide maximum protection, flexibility and convenience at minimal cost. It features a variety of options, including guaranteed hospital admission, the payment of medical bills upon discharge at panel hospitals and much more.

This plan pays a portion of the policy's face value in a tax-free lump sum if you become seriously ill or totally disabled. It should be noted that critical illnesses such as cancer or heart attack, affects one-in-four women and one-in-five men before retirement age.

This is an affordable insurance scheme, preferably for young people with a family who require adequate protection with relatively low premiums. It is issued for a specific period, which is entirely up to you and can range from 1 to 30 years.

A rider or supplementary is an added plan to a basic policy which reaps additional benefits. It requires additional payment. This could be a term rider that adds extra coverage to a whole life policy or a cost of living rider that increases the benefits to compensate for inflation.