 |
 |
Life Insurance Portfolio – International |
| |
Life Insurance Portfolio International helps you protect your current lifestyle and ensures that your family will be provided for in the event of death, sickness or trauma. In addition, it may assist you with your business protection requirements, if this is relevant to your circumstances. The Life Insurance Portfolio – International may be issued in Mauritian Rupee (MUR), Euro (€), British Pound (£), American Dollar (US$) or South African Rand (ZAR). |
|
|
Level Term Assurance |
| |
Level Term Assurance provides financial protection against death of the life assured within a specific term. It is a pure financial protection and will pay out the sum assured in the event of death during policy term. The big advantage of a level term assurance is that it provides high level cover at a minimal cost. |
|
|
Decreasing Term Assurance |
| |
The purpose of this type of policy is to provide death cover in the event the life assured dies before his loan is fully repaid. The death benefits shall diminish year after year in line with the mortgage balance schedule. In case of death, any outstanding balance shall be repaid.
|
|
|
Keyman Insurance |
| |
The purpose of a keyman insurance cover is to protect a business from financial hardship caused by the loss of services through death or disability of an individual vital to that business and to enable it to continue trading for a specific period. |
|
|
Whole Life |
| |
A Whole Life policy provides permanent death cover where the death benefits shall be payable whenever the life assured dies. |
|
|
Group Life Assurance |
| |
Group Life Cover has been designed to enable employers to alleviate the financial hardship of families in the form of a lump sum payment in the event of death of its employees while still in service. |
|
|
