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All of us have heard about Life insurance but do we really know what is it? We would like to take this opportunity to provide you with some information and to demonstrate to you how the life insurance products can benefit you.
Consider what you treasure most:
Is it not your family?
The future of your children?
Your health and the same for your family?
Your financial security during old age/retirement?
This happens through the different policies we can offer, which guarantee protection for you and your dependant in case of an illness, accident or in the worst-case death.
These products are created to help you the client in difficult situations, reimbursing the amounts paid for medical examinations, check-ups, medicines and hospitalisation. These products can guarantee you an income in event of disablement, but also through them you can provide a good life style to your dependant in the unfortunate event of death.
The life products can generate a sum that secures your financial independence through small, long-term premiums. You can choose when you receive the insurance sum, upon the delivery of a baby, when someone gets married or when you retire.
In short life insurance covers the risks concerning the life and the health of the insured person.
If an insurance case occurs during the insured term, the insurance company pays claims. The sum of the claim is agreed in advance. The payment can be a fixed amount or a percentage of the sum. The sum, which is defined as the size of the benefit, is the insured sum.
The risk covered in life insurance can be different:
- Medical examinations and check-ups
- Hospitalisation
- Medicines and others
Depending upon the covered risks, Life insurance offers the following products:
Endowment
Child insurance
Health insurance
Term life (death only)
Accident insurance
Retirement annuities
Insurance (when borrowing)

