When planning for the future a comprehensive life insurance policy can help support your loved ones when they fall on hard times.
1. PROTECT YOUR FAMILY AND LOVED ONES (Level Term Assurance):
A suitable replacement for your source of income that can cover your growing family needs in case of any unfortunate event.
You can benefit from the Guaranteed Renewability Option (GRO) that allows you to automatically renew your expired policy regardless of any changes in your health.
2. PAY OFF YOUR DEBTS (Decreasing Term Assurance):
We offer a comprehensive list of products that cover all types of loans such as: housing loans, car loans, personal loans, education loans and more. With Medgulf you can take your loan from your preferred bank and we will ensure that your loved ones are not left with outstanding debt in case of death or disability.
3. SECURE A QUALITY COLLEGE EDUCATION (Education & Saving Plan – Master’s):
Our education & saving program, ‘MASTERS’, ensures that your children are well equipped with a solid financial plan for their future education. Our program also secures your savings with a minimum guaranteed yearly return rate of 4.5%.
4. BRING YOU PEACE OF MIND AFTER YOU RETIRE (Retirement & Saving Plan – Universal Life Plan ):
With our retirement product, ‘UNIVERSAL LIFE PLAN’, you can combine life protection and savings plans by setting aside enough money for retirement. Our program is tailor-made according to your budget and guarantees a minimum yearly return rate of 4.5%.
AVAILABLE COVER:
- Natural Death or due to Accident or Sickness (Basic Cover)
- Accidental Death Benefit: Doubles the death benefit due to accident.
- Permanent Total Disability due to Accident or Sickness (Any occupation / Own or similar occupation)
- Permanent Partial Disability due to Accident or Sickness
- Passive War Risk and Terrorism
- Waiver of Premium
PAYMENT OPTIONS:
- Monthly
- Quarterly
- Half Yearly
- Yearly
- Single
