Term Assurance: This provides compensation to a named beneficiary following the death of the insured within a specified period and can extended to include funeral expenses and repatriation of mortal remains.
Endowment: This policy pays a lump sum at maturity or after death of the insured.
Education Policy: This Life assurance policy which is taken by a parent/ legal guardian for a child provides assurance that in the event of an untimely death, the child will have access to the savings which will help finance his/her studies.
Annuities: This policy secures a steady cash flow for an individual during their retirement years.
Life Assurance
It covers the person(s) insured against the risks of death, permanent disablement or injuries resulting from external and violent means occurring worldwide.
It also covers medical expenses as a result of the injury. These policies indemnify the insured person(s) for Death either by accident or natural cause, Permanent Disability, Temporary Total Disablement or Medical Expenses, where insured following an accident causing bodily injury solely by violent accidental and visible means to an insured person.
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