Term life insurance

Financial protection of the family

For most of us, family and its safety rank first in our list of priorities. Yet, we do not all realize that family safety refers not only to the present, but mostly to the future.

By concluding a term life insurance contract, your family will be able to surpass any financial difficulties in the unfortunate case of your disappearance, receiving the amount set, necessary in order to keep its standard of living. And in case the insurance cover is attached to a mortgage loan, your family will be able to keep the home you purchased, because we will pay the amount due to the bank.

Risks covered

• Death due to any cause as of the insured, all along the validity period of the insurance contract.

Duration

• Minimum 1 year – Maximum 30 years.

Assured Person

• Minimum 18 years – Maximum 65 years at the date the policy comes into force and 75 years at its expiry date.

Insurance Indemnity

• Upon the occurrence of the insured’s decease during the insurance period, the assigned beneficiary collects the sum assured set upon the conclusion of the policy (or modified during its validity period).

Payment frequency

• Annual, Half – quarterly, Quarterly or Monthly.

Advantages

• Financial protection by covering the obligations assigned upon contracting any loans.
• Provides financial resources for the insured’s family in case of an unfortunate event.
• Option for protection against national currency devaluation available.
• Convenient premiums.

For a complete protection, according to your needs, you can add to the basic insurance one or more additional riders, as detailed below. The riders can be attached to the policy at the initial issue date or subsequently, at any anniversary date.

Riders