Whole Life Assurance
Overview
This is a life insurance policy which is guaranteed to remain in force for the insured’s entire lifetime provided the required premiums are paid, or to the maturity date.
Premiums are fixed based on the age of the insured and usually do not increase with age.
Features & Benefits
- The insured party normally pays premiums until death, except for limited pay policies
- Sum Assured is payable in full upon the death of Life Assured.
- Flexible payment methods
- The policy allows for policy loans borrowed against the cash value of your policy
- Tax relief benefit
Requirements
- Copy of ID
- KRA Pin
- Application form
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