MEDLIFE INSURANCE LTD.

HEAD OFFICE
Alpha Business Centre
27 Pindarou Street
3rd Floor
Block B
CY-1060 NICOSIA
CYPRUS

office@medlife.net
Inhalt:

G5S - Endowment Insurance with bonus

 
The amount to be paid in the case of death increases gradually every year and reaches the full sum insured in the last year before the contract ends.
 
g5s

This tariff is ideal for those who want to gain maximum profits from regular annual payments.

The amount to be paid in the case pf death will also be the amount that to be paid out together with the bonus at expiry of the contract. Insurance premiums are paid once every year (renewal premiums).

Details:

G5S - Endowment Insurance with graduated death benefits and surplus participation (bonus)

The benefit to be paid in the case of death becomes payable if the policyholder dies before the end of the insurance term. The sum to be paid on survival becomes payable at expiry of the contract, while the policyholder is alive.
If the policyholder dies before the end of the insurance term, the death benefit to be paid will amount to as many fractions of the capital sum as years of insurance have expired (including the one in which the event occured) in relation to the agreed-upon premium payment period.
 

For examples see EIP.