Life Assurance

Life Assurance products are designed foremost to protect you and your loved ones against the uncertainties that may lie ahead, such as accident and death. In addition to this, some products can be regarded as a means of savings for you and your family in your old days.This is done by appropriately organizing contributions to a common fund, and making payments from that fund.

myLegacy Plans

The Endowment with profit is probably the most popular form of life assurance taken. This policy makes provision for the family of the life assured to receive a lump sum plus bonuses in the event of early death.

If sum has not been paid for early death or total permanent disablement at the time of maturity the insured will receive the lump sum assured plus bonuses.

Age of entry: 18 years to 58 years
Age of Maturity: 63 years
Policy term: 5 years to 45 years
Minimum sum assured: SR 10,000

Premiums can be paid on a monthly, quarterly, half yearly or yearly basis.