Individual & Group Life
Life Insurance
This insurance covers all business underwritten by the insurance company whether direct, by way of co-insurance, facultative insurance. It is divided into two major classes namely: corporate and retail insurance. The distinct feature is that corporate targets a group of people who pursues interest other than insurance
whereas retail insurance is sold to individuals. In addition, corporate and retail insurance are characterized as short term and long-term business, respectively.
- Corporate insurance – The products herein include group life, group credit life, Last expense, and critical illnesses.
- Retail insurance – The products here are categorized into whole life, endowment, term life products.
| Description | Underwriting Limits |
|---|---|
| LIFE | USD 1.1 Million |
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