Life Insurance
Life insurance helps us deal with the following issues. It is a possibility how to safeguard against concerns about our dearest.
How could we protect ourselves against such life situations we could easily do without?
- Life insurance is the right choice for protecting against situations that might occur in life. Situations that are closely linked to life insurance are, in particular, death and serious consequences of accident. There is nothing worse than to lose a beloved family member and, in addition, to get into a difficult financial situation.
- Life insurance is the right choice of financial protection for our dearest in case of an adverse life situation such as death or serious consequences of accident.
- Life insurance is also the right choice for happy moments of our life such as child-birth, the beginning of our children’s studies at secondary school or university, etc.
Life insurance products
1. What are the possibilities the life insurance offers?
Life insurance products offer and are intended mainly to cover the risk of death, accident or disease. Life insurance products are also a possibility how to provide for education of our children or maintain our living standard in life after retirement.
2. What life situations may be covered by life insurance products?
Life insurance products are associated mainly with situations we cannot influence and if they occur they could not be predicted.
- Death
- Serious accident with permanent invalidity (most frequently a car accident, injury during a sport activity, knocking down a pedestrian, etc.)
Life insurance products may also cover “predictable risks” such as:
- Child birth (a sudden concern about the family and the child well-being in case of sickness, injury, death of parents)
- Risk-profession (archaeology, blue collar workers, drivers, etc.)
- Travel (travelling to exotic countries such as Thailand, India, Brasil, etc.)
- Active sport (hockey, climbing, skiing, etc.)
Life insurace products
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E
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Life insurance which in its essence provides protection in case of death. Should the insured outlive the term of the policy s/he shall receive the benefit contracted under the policy. A rider may be attached to this insurance. The product is due to its modular structure suitable for almost every life situation. |
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AE
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Life insurance intended for people who would like to withdraw a part of funds they deposited during the term of the policy. In its essence it provides protection in case of death. A rider may be attached to this product. The product is due to its modular structure suitable for almost every life situation. |
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PE
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ife insurance which in its essence aims to ensure a certain living standard in life after retirement. Should the insured outlive the term of the policy s/he will be paid the benefit as well as shares of profit. The insurance benefit may be paid out as an annuity. |
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T
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A product that covers the risk of death. It suits those clients that consider the need to be covered by insurance as a priority. A combination with other riders makes up a complete risk scheme. The product is suitable as a back up for mortgage loans. |
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CPA
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child protection agreement |
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R
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rehabilitation |
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PI
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permanent invalidity |
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AD
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accidental dead |
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DB
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daily benefit |