Related life insurance products

Greater protection

A number of options, called riders, allow to adapt your life insurance policies to your personal needs. Here some examples:

Accidental Death and Dismemberment:

If you die in an accident, your beneficiaries receive an additional amount equivalent to capital insured. Benefits can also be paid if you lose the use of a limb or sight as a result of accident.

Waiver of premium in case disability:

If you become totally disabled, this amendment guarantees the payment of premiums and the maintain of your life insuarnce policies. (The guarantee usually start indeed after a certain period of disability, six or nine months, for example.)

Insurance Guarantee:

You can increase the insured capital at terms without having to show medical justification or other evidence of insurability.

Permanent Life Insurance Safeguards Protection or Guarantees Options

As suggest the title ff for whatever reason you can no longer make your premium payments, you will not lose your life insurance policies. (it will be protect against revocation).

The options will be, based on the existence of a surrender value, which is included in the contract:

Advance-officio of the premium:

The value of redemption that is already included in your policy can be used to make the premium payment.

Obviously there are limits, which vary depending of the evolutive value over the years.

Beware ! Its a premium payment advance only. It does only mean that your life insurance policy will not be immediately revocated if you are unable to pay the premium. This gives you time to breathe before deciding what to do regarding your life insurance.

Permanent Life Insurance Reduction Setting:

The surrender value will be used to endorse a reduced amount of permanent life insurance. You no longer have to pay the premiums.

Life Insurance Extension:

The surrender value is used to subscribe a Term Life Insurance amount identical to your Permanent Life Insurance. You don't have more premiums to pay. The temporary coverage life insurance is establish on a given date. Its duration depend on the surrender value. It is obvious that the higher the redemption value is the longer the temporary life insurance will be.