Explore the solutions we offer for your business
- Life
- Unit-Linked Life
- Funeral
- Key Person
Life
Life Insurance guarantees the payment of a certain insured sum in case of death or disability of an insured person.
In general, the employers that choose to offer this benefit to their employees determine a fixed amount or a multiple of the insured person’s salary (e.g., 2 annual salaries) as the insured sum.
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Unit-Linked Life
Unit-Linked Life Insurance is a long-term savings and investment instrument that includes a component of Life Insurance. In general, this type of insurance requires periodic contributions of capital by the Insured, which are then invested by the Insurer in financial instruments such as investment funds.
The invested capital and earnings are paid to the insured person or to the beneficiary at the end of a pre-determined period, at retirement or in case of death or disability of the insured person.
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Funeral
Funeral Insurance covers funeral and related expenses, in case of death of the insured person. Funeral Insurance can be an effective way to transfer risk to the insurance market, for employers that offer the funding of funeral expenses as a benefit to their employees.
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Key Person
Key Person Insurance (also know as Key Man Insurance) is a type of life insurance that is usually purchased by small businesses, which in case of death or disability of the insured person, pays a pre-determined insured sum to the business. The insured person is usually the business owner, a top executive or another individual whose death or disability poses a significant threat to the survival of the business
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