Life Cover
Provides a death benefit to the nominee during the policy term, subject to the policy conditions.
Term Life Insurance
Care That Lasts Beyond Today.
Life is unpredictable, but your family's financial security doesn't have to be. Term Life Insurance offers life cover for a defined period, helping keep your loved ones financially secure in your absence.
Financial Protection for Your Family
High Life Cover at Affordable Premiums
Flexible Policy Tenures
What Is Term Life Insurance?
Understanding Term Life Insurance
Term Life Insurance is a pure protection plan providing life cover for a specified period. If the insured dies during the term, the death benefit is paid to the nominee, helping your family meet expenses, liabilities and long-term needs.
What Does It Cover?
- Life Cover
- Financial Security for Your Family
- Income Replacement
- Liability Protection
- Children's Future Protection
Example:
If the insured person passes away during the policy term, the nominee can receive the applicable death benefit, subject to the policy terms. This financial support can help the family manage household expenses, education costs, outstanding liabilities and other financial commitments.
Coverage Components
Comprehensive Protection for Your Family
Income Protection
Provides a financial cushion that can help your dependants manage the impact of loss of income.
Loan & Liability Protection
The life benefit can help your family manage outstanding loans and other liabilities.
Future Planning
Help safeguard important financial goals such as children's education, family milestones and long-term savings plans.
Flexible Coverage
Select an appropriate life cover and policy tenure based on your income, financial responsibilities, liabilities and long-term goals.
Additional Riders
Depending on the insurer and policy, optional riders may cover critical illnesses, accidental death, disability and other events.
Advisory Support
Protect Your Family Before Life Takes an Unexpected Turn
Every individual has different financial responsibilities and protection needs.
- 1.
Financial Protection Assessment
We understand your income, dependants, liabilities, commitments and long-term goals to assess appropriate life cover.
- 2.
Plan Comparison & Policy Structuring
We help evaluate plans, sum assured, tenure, premium options, exclusions, medical requirements and riders.
- 3.
Application & Policy Placement
Our team supports you through application and documentation and coordinates with the insurer until policy issuance.
- 4.
Claims Assistance
In the event of a covered claim, our team assists the nominee with the claims process and coordinates with the insurer as required.
- 5.
Policy Review
We periodically review your life insurance to keep it aligned with changes in your income, liabilities, family responsibilities and goals.
Protect Today. Secure Their Tomorrow.
Give your family a financial safety net with Term Life Insurance designed around your responsibilities and long-term goals.
Frequently Asked Questions
Answers to Common Insurance Queries
The sum assured should reflect income replacement needs, liabilities, family obligations, future financial requirements and the intended policy term.
The tenure should correspond to the period during which dependants or liabilities require financial protection; an inadequate tenure can leave a significant protection gap.
Equirus Raghnall considers financial obligations, income dependency, liabilities, policy tenure and desired protection before evaluating insurer options.
The evaluation considers sum assured, tenure, premium structure, exclusions, underwriting requirements and insurer terms rather than comparing premium in isolation.
