Convertible Term Life Insurance

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Convertible Term Life Insurance
Altius Insurance offers comprehensive, high-quality insurance products in the field of Life and Health Insurance, fully covering your personal and family needs.
This is a term convertible life insurance policy of a specified duration and does not accumulate any surrender value.
Addressed to:
Addressed to any person of 18 to 65 years old, with both low and high income.
Benefits:
It provides cover in case of death by almost any cause, where the selected insured sum is paid lump upon the insured person's demise.
This type of insurance does not acquire any surrender or maturity value. Because of its low comparable cost, it is ideal for the sufficient coverage of families of low income, providing the option to convert it to a savings/investment plan when the financial status of the family's income earner is improved.
Eligibility for tax deduction.”
Premium has accordingly income tax relief benefits.
Indicative Premium:
  • Minimum acceptable monthly premium €20,50
  • Sum Insured €170.860 for 30 years duration, insured aged 35.
  • Yearly premium €666,35 including policy fee.