Life Insurance
Term Cover
By definition, a Term Life Insurance is designed to offer a cover limited in time. In other words, we would know in advance when the cover will start but especially when it will end.
You may select a duration in time that would best suit your need and budget.
You may have taken a loan for a certain period in time that you want to protect or you may want to cover your family until your children have grown enough to become independent.
You may also want to offer your company a “Key man†Insurance cover in case one of your top people happens to disappear causing a loss of income to the company for a certain time
Whole of Life Cover
Unlike the Term cover, the Whole of Life type of schemes are designed to offer you a life cover that will never stop in time.
This type of cover are designed for people who want to make sure that whenever they will disappear at any point of time, they will leave a capital to their beloved ones in order to cover succession fees.
The people who select this form of cover can enjoy their lives much better because they can spend more money from their living and enjoy a better quality of life as they know that whenever they will no longer be around, regardless of their age, a lump sum will be paid to their beloved ones.
