LIFE INSURANCE

LIFE INSURANCE

Regardless of unfortunate life events that we may not be able to prevent such as death, sickness, inability to work, and old age, you can still organise your life and prepare for such. Life Insurance assists you in organizing your life journey through protection against unfortunate occasion such as death; save for your future and old age; and invest for your children’s education. Life Insurance, unlike other savings schemes such as fixed accounts, provides protection. At Pentagon Life Insurance we listen and plan together to ensure that your life is protected, you have the adequate saving and investment.

We care for your life with compassion..

Group Life Assurance Scheme

This scheme suits groups that are tied together for similar purpose. Each member of the group will have their own limit or sum of assurance and will be specified in the policy schedule

The policy pays death benefits, in case of death of a member, to the extent specified in the policy. In most cases, this is expressed as a multiple of annual salary. The policy also pays a set amount to meet funeral expenses of the member, spouse of the member and dependants

Additionally, the policy pays for incapacity of the member caused by critical illness or other causes

Premium Payment

All premiums, shall be payable at the head office of the Insurer. The assured may pay the insurance premium based on sum assured either monthly, quarterly, semi-annualy or annually.