LIC International has announced the launch of its innovative ‘Life Protect Term Plan’ in Bahrain, available for sale.
The new plan is designed to provide comprehensive life insurance protection, with optional critical illness riders giving customers the peace of mind they deserve, a statement said.
The Life Protect Term Plan “is a non-profit, pure term insurance plan with which you can secure peace of mind for your loved ones providing them with financial protection when they need it the most and you also have the option to add our accelerated critical illness rider, covering 37 critical illnesses”.
Key features of the ‘Life Protect Term Plan’ include:
- Pure Term Coverage: Provides high sum assured for a specific term opted by you, ensuring financial security for your loved ones in case of unforeseen events.
- Accelerated Critical Illness Rider: Option to add this rider, which provides a lump sum payout upon diagnosis of any of the 37 covered critical illnesses.
- Comprehensive Illness Coverage: Covers 37 major critical illnesses, including but not limited to heart disease, cancer, stroke and kidney failure.
- High risk with affordable premiums: Competitive pricing that offers essential coverage at an affordable rate.
- Flexible Policy Term: Choose the term length that best suits your financial and family needs.
- Flexible Payment options: Choose the mode of payment from Yearly, Half Yearly or Monthly (SSS).
LIC International chief executive and executive director Debashis Prasad Pattanaik said, “LIC International is committed to bringing innovative and accessible insurance solutions to the people of Bahrain.
“Life Protect Term Plan is a response to the growing demand for holistic insurance coverage which provides life protection with an accelerated critical illness rider. It is a step towards empowering individuals to take proactive steps in securing their families financial wellbeing.”
‘Life Protect Term Plan provides a tailored insurance solution to cater to the diverse needs of individuals in Bahrain, offering affordable premiums, comprehensive coverage and peace of mind.
LIC International is a trusted leader in the life insurance sector, offering a wide range of products to meet the evolving needs of customers across the Middle East. With a strong presence in Bahrain, LIC International is dedicated to providing innovative, customer-centric solutions that help individuals plan for a secure future.
For more information about the Life Protect Term Plan or to speak with an LIC International representative, visit www.licinternational.com or contact the office on (+973) 17210610.
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