Is your insurance adequate enough to keep up with your current standard of living? Giving the utmost amount of protection without being tied down by high premiums would be the Term Insurance.

Benefits

1. During the phase of the term policy, amount will be given to those guaranteed upon death.
2. On permanent and total disability during the policy term, amount can be given through 5 installments.
3. Special privileges given, e.g. holidays flats, medical check-ups, recreational facilities etc.
4. Flexible protection period of 10, 15, 20, 25 or 30, or up to age 55, 60 or 65.

Premiums

Giro provided to pay premiums monthly or at other time intervals, or a direct payment. Benefits under policy will cease if premium is discontinued.

Example

A man with $100,000 can be insured for 20 years under this policy at the age of 25 with a monthly premium of $17. At any event of premature death, his financial commitments like mortgage loans, business loans etc. can be met by using the above amount by his dependents.