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Life Insurance
 Life Insurance is a contract between the insurer and the policy owner. Life insurance policies are given as legal contracts and the terms of the policies are mentioned in the certificates about the limitations of the insured events.

But, there are some exclusions to limit the liability of the insurer for claims such as war,riot and civil upraise. Insured events  which are supposed to be covered include:

  • death
  • diagnosis of a terminal illness
  • disability due to illness
  • permanent disability
  • accidental death
  • diagnosis of critical illness
  • disability due to ill health

Protection Policies

It is designed to provide  benefit in case there is a specified event,for instance a lump sum payment

 
 
 
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