Why you need a plan for inability for work
An illness or an injury can make you unable to work.
It financially supports both you and your family in case of serious injury or illness that can make you unable to work.
It helps pay off debts, replenish your income, cover medical expenses or finance permanent changes in your lifestyle.
How does the plan work
Choose a plan that allows you to add inability of work benefits
Contribute an amount on a regular basis according to your investment and coverage profile
In case of disability, the benefit repayment is activated
Programs for total disability additional benefits
Basic features
Plan
Description
Investment Plan
– Offers insurance protection to the family against the risk of loss of life
– Ability to add benefits associated with disability
– Ability to add other supplementary benefits
Life Plan
– Offers insurance protection to the family against the risk of loss of life
– Ability to add benefits associated with loss of life in order to secure additional coverage
– Ability to add other supplementary benefits
Level Term
– Offers insurance protection to the family in the event of loss of life
– Ability to add benefits associated with loss of life in order to secure additional coverage
– Ability to add other supplementary benefits
– Low premium for a predetermined period
– The plan does not offer savings
Personal Accident
– Offers insurance protection against the risk of loss of life and other benefits that are due to accident.
– The plan does not offer savings.
Linking to investment funds and capital formation
YES
YES
NO
NO
Basic coverage
Age
Duration
Basic coverage
Lump sum
Lump sum
Lump sum
Lump sum
Policy modification options
– Changes are allowed
– Ability to modify the premium/sum insured according to the client’s current needs
– Ability to add a single premium
– Can be converted to a paid-up policy
– Ability to withdraw/surrender investment units
– Can be reinstated
– Supplementary benefits can be added or removed
– Ability to transfer a risk amount to and from another policy
– 10-year extension available
– Changes are allowed
– Ability to modify the premium/sum insured according to the client’s current needs
– Ability to add a single premium
– Can be converted to a paid-up policy
– Ability to withdraw/surrender investment units
– Can be reinstated
– Supplementary benefits can be added or removed
– Ability to transfer a risk amount to and from another policy
– Ability to modify the premium/sum insured
– Can be reinstated
– premium/sum insured
– Can be reinstated
– Ability to downgrade or upgrade your Package coverage.
Plan
Description
Investment Plan
– Offers insurance protection to the family against the risk of loss of life
– Ability to add benefits associated with disability
– Ability to add other supplementary benefits
Linking to investment funds and capital formation
YES
Basic coverage
Age
Duration
Basic coverage
Lump sum
Policy modification options
– Changes are allowed
– Ability to modify the premium/sum insured according to the client’s current needs
– Ability to add a single premium
– Can be converted to a paid-up policy
– Ability to withdraw/surrender investment units
– Can be reinstated
– Supplementary benefits can be added or removed
– Ability to transfer a risk amount to and from another policy
– 10-year extension available
Plan
Description
Life Plan
– Offers insurance protection to the family against the risk of loss of life
– Ability to add benefits associated with loss of life in order to secure additional coverage
– Ability to add other supplementary benefits
Linking to investment funds and capital formation
YES
Basic coverage
Age
Duration
Basic coverage
Lump sum
Policy modification options
– Changes are allowed
– Ability to modify the premium/sum insured according to the client’s current needs
– Ability to add a single premium
– Can be converted to a paid-up policy
– Ability to withdraw/surrender investment units
– Can be reinstated
– Supplementary benefits can be added or removed
– Ability to transfer a risk amount to and from another policy
Plan
Description
Level Term
– Offers insurance protection to the family in the event of loss of life
– Ability to add benefits associated with loss of life in order to secure additional coverage
– Ability to add other supplementary benefits
– Low premium for a predetermined period
– The plan does not offer savings
Linking to investment funds and capital formation
NO
Basic coverage
Age
Duration
Basic coverage
Lump sum
Policy modification options
– Ability to modify the premium/sum insured
– Can be reinstated
Plan
Description
Personal Accident
– Offers insurance protection against the risk of loss of life and other benefits that are due to accident.
– The plan does not offer savings.
Linking to investment funds and capital formation
NO
Basic coverage
Age
Duration
Basic coverage
Lump sum
Policy modification options
– premium/sum insured
– Can be reinstated
– Ability to downgrade or upgrade your Package coverage.