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.
Mortgage Protection
The Mortgage Redemption Policy is generally taken out by the borrower as an instrument to secure the payment of the outstanding loan amount to the lending institution at the time of death or Total and Permanent Disability (TPD) of the borrower during the term of the policy.
Premium quotation for Mortgage Redemption Policy will vary depending on the rate of interest involved in the loan transaction and the term of the loan.
- Minimum age of entry: 18 years
- Maximum age at entry: 58 years
- Maximum age of maturity: 63 years
- Medical Examination: Compulsory
Information! Single non-refundable premium paid.