Life Insurance

At Atlantic Insurance, we understand the importance of safeguarding your family’s future. Our life insurance policies offer peace of mind, ensuring that your loved ones are protected financially in the event of the unexpected.

Temporal life coverage

This plan provides financial protection for a specified period. If the assured dies during the policy term, the insured amount is paid to the beneficiary. If the assured survives the term, the policy is automatically canceled without value.

Key Features

• Can be renewed upon expiry based on the Assured’s age.
• Coverage ceases at the end of the policy term if not renewed

Cancer Plan

This plan offers a payout upon the first diagnosis of cancer, based on the policy terms.

Key Features:

• 90-day waiting period before benefits can be claimed.
• Payment is made upon satisfactory proof of the diagnosis.

Funeral Expense

Designed to assist with burial expenses at the time of the insured’s death.

• Coverage for death by natural causes or accidents.
• Eligible ages: 30 to 80 years

Group Life Insurance

Provides financial protection to members of a company or association.

• Death benefit with optional coverage for total disability, funeral expenses, and accidental death.
• Members can nominate beneficiaries for their death benefit, with the employer acting as trustee.

Collective Mortgage Cancellation Insurance

Provides indemnity to the creditor for the remaining loan balance at the time of the borrower’s death, including delinquent payments and legal expenses.

• Coverage: Mortgage loan balance

Debt Balance Insurance

Covers the outstanding balance of unsecured personal loans at the time of the borrower’s death.

• Coverage: Personal loans

Temporal Life Insurance

Provides indemnity for overdraft facilities, covering any outstanding balance up to the insured amount at the time of death.

• Coverage: Overdraft balances

Collective Temporal Life Insurance

Offers protection for unsecured commercial loans, paying the outstanding loan amount up to the sum insured in the event of the borrower’s death.

• Coverage: Commercial loans