Life Insurance with Saving

WHAT IS THIS PRODUCT?

This type of insurance provides financial support for the insured surviving beyond the maturity date of the insurance, or financial support for descendents in the case of loss of life of the Insured within the maturity date.
The arrangement functions in the form of monthly or annual savings deposit (depending on the modality of how the contribution will be paid, every month or once a year), which besides the investment element provides for the most important one: life insurance.
Furthermore, this product serves as an incentive to employees who are eligible to profit the accumulated fund, only if they will be employed throughout the entire insurance period.
On the other hand, since the payment contribution will be effected by the employer, the latter has all the rights to this insurance, throughout the entire insurance period.