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Term Assurance

Arabia Lifestyle - Investment Protection
Term Assurance  l  Additional Covers

Term assurance is the simplest, and most affordable way to financially protect your family. It covers you for a specific time period and has no cash accumulation feature. In the event of your unfortunate death during the term of your policy, a guaranteed sum of your money will be paid.

Level Term Assurance
As the name implies, the Level Term Assurance is a plan that provides a fixed death cover for a chosen period of time.

Decreasing Term Assurance
Typically used to protect a mortgage repayment (the amount decreases over the term if the policy, in line with your outstanding mortgage debt), this plan offers a decreasing death cover that will be used to settle your loans in case of your unfortunate death, and therefore protecting your family from the burden of your debts.

Family Income Benefit Plan
Arabia Insurance Family Income Benefit is a plan designed to provide security and peace of mind to you and your dependents. In case of your unfortunate death or Total and Permanent Disability due to sickness or accident, this plan will pay you, or your dependents, installments for the remaining term of your policy, according to your choice of frequency and amounts.

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