Term Life Insurance provides long-term insurance protection for you and financial support for your loved ones in the event of loss of life or permanent disability during the term of the contract.
This insurance can be both individual and group. The Term Life Insurance has the same coverage as the Insurance with a savings component, with the difference that there is no savings plan, and a premium is paid only for the risk covered by the insurance company.
The insurance can be concluded by persons from 16 to 69 years old. The term of the insurance is 1 year or a multi-year insurance can be concluded with a policy term of up to 52 years.
The insurance can be concluded in BGN, EUR or USD.
The policy can be individual or group and with a coverage range worldwide.
WHAT DOES
TERM LIFE INSURANCE COVER?
MAIN COVERAGE
The main coverage is loss of life (death) and permanent disability due to accident and/or illness
ADDITIONAL COVERAGES THAT YOU MAY
BENEFIT FROM
Second medical opinion – free additional coverage, allowing you to receive an expert recommendation for the best treatment from leading experts in the world in diagnosing a disease.
Terminal illness – payment of half of the total sum insured as a one-off payment.
Life-threatening diseases – payment of the sum insured in the case of diagnosing an invasive cancer, benign brain tumor or aplastic anemia.
Compensation for the diagnosis of COVID-19 – for group policies.
Daily allowance for hospital stay
Temporary disability due to an accident or illness
THE ADVANTAGES OF
TERM LIFE INSURANCE
FINANCIAL PROTECTION
Term Life Insurance helps you protect your financial portfolio by receiving financial support when an insurance event related to your health or life occurs.
In the event of loss of life or diagnosis of a terminal illness, the Term Life Insurance provides income to the household. This is extremely important for a family member who has a basic income, and relatives and family are dependent on them.
CARING FOR LOVED ONES
FINANCIAL STABILITY
In the event of permanent disability due to an accident or illness, your income will be protected, you will receive financial support and thus you will be able to maintain your financial situation during the illness.
With group Term Life Insurance, you provide reliable coverage of risks related to the life and working ability of your employees, while benefiting from a number of tax reliefs. You can also add coverage for a diagnosis of COVID-19.
CORPORATE CARE FOR EMPLOYEES
ADDITIONAL BENEFITS
GUARANTEE FOR PAYMENT OF LOANS AND MORTGAGES
HIGH INSURANCE COVERAGE
HIGH SUM INSURED AND LOW PREMIUM