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Who is insured? This insurance can be arranged to cover the life of one person or company staff, which we name as the Insured. |
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What risks are covered?
The Insurer will pay retirement annuities to the insured person. The term of payment is from 3 to 20 years or for the whole life of the insured. In case of death of the insured person the retirement annuities will be paid to the designated beneficiary.
Additional cover:
Death of the Insured as a result of an accident – the retirement annuities will be paid to the designated beneficiary of the insured until the end of the insured period and additionally 3 monthly annuities will be paid.
Permanent disablement of the Insured person greater than fifty percent as a result of an accident at work – the Insurer will pay 2 monthly annuities to the insured person.
Quotations:
Individual with flexible premium
Individual with flexible premium with retirement annuities paid to a designated beneficiary
Group with flexible premium
Group with flexible premium with retirement annuities paid to a designated beneficiary
