As a family’s breadwinner, you should ensure that the future of dependents is secured in the event of an untimely death by getting this policy. Because of its relatively low premium cost and flexible terms ranging between 1 to 30 years families from all income levels are covered and the best thing is that loans can be secured without any surrender value. With this cover funeral expenses are taken care of ensuring those left behind aren’t met with bills. The Minimum application age is 18 years and maximum age being 74 years.
Its key benefits include;
- A minimum Sum Assured of 75,000 and there is no maximum
- Optional benefits: Accidental Death, Personal accident, Critical Illness and Funeral Expense
- Its payment frequencies are monthly, quarterly, semiannually and annually