Term Life Plan
Protect your family and yourselfLSB and Allianz SNA came together to offer our esteemed customers the Term Life Insurance plan, a solution that provides safety and security for you and your loved ones.
Advantages of the Plan
- Choice of the sum inured according to the insuree’s needs.
- Monthly contributions automatically debited from the bank account with no additional charges.
- Flexible contract period.
- Simple administrative procedures; the contract will be immediately issued.
Covers
- Natural or accidental death of the insured person.
Enrollment Conditions
- The insured person should be an account holder at LSB
- Age bracket: 20 – 56 years
- Term life plans below USD 40,000 will be issued at our branches, whilst plans exceeding this amount will be issued by Allianz.
Illustrative table
Premiums are based on age, sum insured and contract period (Figures in US dollars).
|
Sum Insured |
20,000 |
30,000 |
40,000 |
||||||
PeriodAge |
1 – 3 |
4 |
5 |
1 – 3 |
4 |
5 |
1 – 3 |
4 |
5 |
|
20 |
|
|
|
5 |
5 |
5 |
6.5 |
6.5 |
6.5 |
|
30 |
|
|
|
5 |
5 |
5 |
6.5 |
6.5 |
6.5 |
|
35 |
|
|
|
5 |
5 |
5 |
6.5 |
6.5 |
6.5 |
|
40 |
5 |
5 |
5.5 |
7 |
7.5 |
8 |
9 |
9.5 |
10 |
|
45 |
8 |
8.5 |
9 |
12 |
12.5 |
13.5 |
15.5 |
16.5 |
17.5 |
|
50 |
14 |
14.5 |
15.5 |
20.5 |
21.5 |
23 |
27 |
28.5 |
30 |
For more information or to ask for a personalized offer, please visit any of our branches and we will be glad to provide you with the necessary information.
