Endowment
ENDOWMENT LIFE INSURANCE
In an Endowment Life Assurance policy the assured sum is payable at the
maturity of the policy or at the previous death of the life assured. This means that the assured
sum is payable upon the death or survival of the life assured, whichever comes first.
Endowment life assurance policies carry higher premiums than Term life and Whole life
assurance, but are useful in meeting special needs such as college expenses or purchase of
retirement home.
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ENGINEERING CLASS OF BUSINESS
Activa presents the best and widest range of engineering insurances.
LIFE & MEDICAL INSURANCE
Life assurance policies are the various policies of insurance that may be used for the purpose of
life protection, investment or a combination of both and in respect of which the subject matter
of the contract relates to human duration of life.
PROPERTY INSURANCE
This is a Comprehensive policy that covers accidental damage, fire and burglary to the insured Items. Losses from every risk is covered except those specifically excluded.