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This is a decreasing term life insurance plan. Its purpose is to provide insurance protection in case of death for a predetermined period of time with low premium.
The premium is paid once-off or on a monthly basis.
Mothly premium payments can be made only up to the 2/3 of the plan's duration.
Individuals 20-55 years old, who have low cost insurance coverage needs.
The Insured Amount is reduced every Policy's anniversary. In the event of the Insured's death before the expiration of the contract, the beneficiary is entitled to the current insured amount.
Cypria Decreasing Term plan also offers the option to automatically add the benefit of Permanent and Total Disability. Cypria Decreasing Term can be used primarily as a means to secure potential loan.
5 to 35 years.
74 without the Permanent and Total Disability benefit
64 with the Permanent and Total Disability benefit
For further information on the exclusions and other terms of the Policy, you can ask the Company or your Insurance Agent to give you a sample of the Policy conditions, so that you can read it and make sure it fully meets your insurance needs.
Whole of life insurance plan that offers insurance protection in combination with investment
High insurance coverage with low premium in term life insurance.
High term life insurance coverage with the right to convert the contract.
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