CB Tuma'nina - Term Life Insurance


 CreditBank s.a.l.
 Tel: (01) 501600
 Fax: (01) 485245
Designed in collaboration with Allianz SNA.

Benefits
An insured sum paid in case of natural or accidental death.

Conditions
- The insured should be a CreditBank client.
- Age: between 20 and 64 years.

Advantages
- Contract period: from 1 to 5 years (with the option of a guaranteed renewal for 5 years).
- Simple administrative procedures: the contract is issued and delivered on the spot (if the insured sum is less than USD 40,000 and the age is less than 56 years).
- Monthly premiums starting from USD 5, automatically withdrawn from the bank account.
- Flexible contract automatically renewed each month.

Premiums
The monthly premiums are calculated according to the insured sum, the contract period and the age of the insured person.

Figures are in USD:
Insured Sum 20,000 30,000 40,000
Period
Age
1/2/3 4 5 1/2/3 4 5 1/2/3 4 5
25       5 5 5 6.5 6.5 6.5
 30       5 5 5 6.5 6.5 6.5
35       5 5 5 6.5 6.5 6.5
40 5 5 5.5 7 7.5 8 9 9.5 10
45 8 8.5 9 12 12.5 13.5 15.5 16.5 17.5
50 14 14.5 15.5 20.5 21.5 23 27 28.5 30

Example
Age of insured person             35 years
Required insured sum              USD 40,000
Contract period                         5 years
Monthly premium                       USD 6.5