Branch office of

 Life Insurance Corporation (International) BSC (c)

Contact: Tel: (+971) 4 335 4858 Fax: (+971) 4 335 4684

E-mail : mail@licinternationaluae.com

NEWS
  • 19/03/2015 LIC (International) launches its mobile application 'LIC Intl' for android & iOS applications.
  • 16/03/2015 LIC International Launches a Pure Term Assurance Plan (For Bahrain,Kuwait & Qatar Only).
  • 19/05/2014 Maiden Group Term Insurance Plan Launched.

RENEWABLE

 TERM

 ASSURANCE

This is a pure risk policy suitable for people who wish to provide huge sums for their family at an economical premium. All males and females with earned income (Category A) are eligible for this plan.

BENEFITS

The policy being a pure term plan, the sum assured is payable on the death of the policyholder during the term of the policy. On survival to maturity nothing is payable.

RENEWABLE OPTIONS

The policy has a unique feature where the policy holder can renew the policy for a further term of 5 to 15 years without having to undergo medical examination, provided he fulfills the eligibility conditions applicable as on date of renewal and his stay at Gulf Countries is likely to be extended. Extension for renewal request can be exercised six months before the expiry of the original term with the proof of extended stay.

OTHER FEATURES OF THIS PLAN

Accident Benefit

ACCIDENT

 DEATH/DISABILITY

 BENEFIT

A nominal addition (of one per thousand sum assured for Full Term) to your premium entitles you to additional special benefits as described below subject to certain conditions.

a) The cover under the life policy is doubled in case of death due to accident. The maximum Double Accident Benefit payable is US$ 100,000.

b) In case of permanent and total disability arising out of accident;

1 All future premiums are waived.

2 An additional amount equal to the sum assured will be paid in 120 equal monthly installments spread over 10 years.

3 Moreover, whenever the policy matures or death claim arises, the original sum assured with vested bonuses will be paid, along with unpaid installments of disability benefits if any.

ENQUIRY


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