What is Term Life ?
Term life insurance provides death protection for a stated time period, or term
Affordable Premium and optimum Protection
Term life insurance is perhaps the simplest form of life insurance. It has been developed to provide temporary life insurance protection on a limited budget.
Since Term Life can be purchased in large amounts for a relatively small initial premium, it is ideal for short-range goals such as life insurance coverage to pay off a loan, or provideing extra life cover during child-raising years.
Premiums are payable annually in advance and are calculated on the policy holder's age. These policies can be renewed or continued at higher premiums each year.
dMAC designed insurance
Term Life Insurance
Term life insurance is an excellent product which provides high protection for a very low premiumPremium is payable annually by a single premium which is substantially lower than other types of Life Insurance
Protection This Insurance Plan provides death benefit equal to 100% of Sum Insured in the event of the death of the Insured, within the Insurance Contract Period
General Provisions:
• Insurance contract period: 1 year
• Maximum age: 65 years
• Currencies: US Dollar or Rupiah
• Minimum Sum Insured: US$ 10,000 or Rp 10,000,000
The Features of Term Life Insurance
- ♦ Premium payable in US Dollar or Rupiah
- ♦ Premium increases with age, but is lower than other Life Insurance products
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