A Life insurance policy is a financial arrangement whereby in exchange of a smaller monthly premium, you insure yourself for a much higher capital value. Life insurance policies pay the Sum Assured in case of death, disability or the happening of a critical health hazard.
Most Life Insurance policies incorporate a savings element and so on your survival at maturity, a capital amount will be payable to you under such a policy.
Life Insurance can cover your loans, provide capital for your children’s tertiary studies or else provide you some additional cash in hand at 3- or 5-years interval till maturity. Please contact us for more information.