Individual Life Insurance:
Term Life Insurance:
Term life insurance or term assurance is life insurance that provides coverage for the policy holder by insuring him/her by a sum assured at a fixed rate of payments for a limited period of time determined by the policy holder.
This type of insurance enables the client to decide on a lump sum amount (Sum Assured) to be paid to the beneficiaries specified in the policy in the event of death due to any cause.
Also, the following additional benefits can be added to this policy with extra premium:
- Permanent Total Disablement (PTD):
In case the insured suffers from PTD as a result of accidental or sickness occurred during the policy period, The United Insurance Company PLC will pay the Sum Assured amount to the insured member. - Permanent Partial Disablement (PPD):
In case the insured suffers from PPD as a result of accidental or sickness occurred during the policy period, The United Insurance Company PLC a percentage of a lump sum amount to the insured member according to the Continental Scale of Disabilities. - Accidental Death Benefit:
If death is caused as a result of an accident, The United Insurance Company PLC will pay double the lump sum amount to the beneficiaries specified in the policy.
Group Life Insurance:
With a single policy you can insure all your employees 24 hours / worldwide!
This policy can be tailored to the satisfaction of corporate and companies who seek to offer it as an incentive to enhance loyalty of their employees by insuring their employees with a group life policy to cover them in case of death due to any cause.
There are other additional and optional benefits that can be added to this policy such as:
- Permanent Total Disablement (PTD):
In case the insured suffers from PTD as a result of accidental or sickness occurred during the policy period, The United Insurance Company PLC will pay the Sum Assured amount to the insured member. - Permanent Partial Disablement (PPD):
In case the insured suffers from PPD as a result of accidental or sickness occurred during the policy period, The United Insurance Company PLC a percentage of a lump sum amount to the insured member according to the Continental Scale of Disabilities.
- Accidental Death Benefit:
If death is caused as a result of an accident, The United Insurance Company PLC will pay double the lump sum amount to the beneficiaries specified in the policy..