Basic informations
Term Insurance
Is a standard, low cost type of purely risk covering insurance suitable for assurance of loans or in case of a high-risk occupation or hobby. If a client needs to secure his or her family against an accident, Term Insurance is the simplest solution.
Characteristic of Term Insurance
- The whole amount insured is guaranteed.
- In the event of the death of the insured party during the period of the policy, the agreed sum assured is paid out to the beneficiary or beneficiaries.
- The amount of the sum assured depends on the wishes of the client.
- The choice of increasing and decreasing the amount of insurance coverage and thus the premium for the whole period of the contract.
- An option of variable insurance period.
- The anti-inflation programme offers you the possibility of increasing the sum assured and your premiums to keep pace with the rate of inflation.
