Life Insurance
Depending on the intended purpose the appropriate type of life insurance should be selected:
- Capital Life Insurance
- Life Insurance – risk only
- Life Insurance – based on capital funds
Capital Life Insurance
What is a Capital Life Insurance (CLI)?
A CLI connects the provision for old age with the financial security for dependants. In the event of the insured living at the time the contract expires he receives the agreed amounts. Should the insured pass away during the contract period the insurance can safeguard dependants against hardship (e.g. education of children, taking care of a mortgage, etc.).
Can I prematurely cancel a Capital Life Insurance (CLI)?
Any CLI can be cancelled at any time by the insured. Naturally this will adversely affect the reimbursement the insured receives.
Please contact us for specific information!
