Life Insurance

The Life policy is a life assurance that a customer pays throughout their life and that pays out when the customer passes on.

WHAT WE OFFER

Our product has two options:

WHOLE LIFE WITH AN INVESTMENT

The investment grows in a pre-determined fixed manner as described in the policy benefits i.e. the fixed sum assured is payable at maturity. In addition, a bonus is accumulated annually based on a declared bonus rate. The accumulated bonus is paid at the end of the premium term of the policy or on death of the life assured.

WHOLE LIFE WITHOUT AN INVESTMENT, OFFERING PURE LIFE COVER

In addition, the policy has optional benefits such as accidental death cover, accidental hospitalisation & waiver of premium which can be taken up with the policy.

BENEFITS AT A GLANCE

• Helps in developing a saving culture
• Provides financial independence after campus
• Provides a life assurance cover