Find the most frequently asked questions and useful answers 

A bond is debt security, under which the issuer owes the holder a debt and is obliged to pay the holder interest (the coupon) or to repay the principal at a later date, termed the maturity date. Bonds provide the borrower with external funds to finance long term investments, or in the case of government bonds, to finance current expenditure.

A human health condition or disease that is persistent or otherwise long-lasting in its effects or a disease that comes with time.

The first notice to the insurer in event of a claim is call “Claim Intimation”.

Deferment period is a time period during which a Insured does not have to pay the premium

The Spouse, Children and any other eligible dependents, depending upon the rules laid out in the Insurance plan.

A growth fund is a mutual fund invested mostly in companies with above average growth, with the goal being capital appreciation.

Property that cannot be moved from one place to another. 

Place the Insured in the same financial position after a loss as he was in immediately before the loss

An investment fund is a supply of capital belonging to numerous investors used to collectively purchase securities while each investor retains ownership and control of his/her own shares.

An investment linked plan is a life insurance plan that combines investment and protection. The premium that is being paid by the policy holder provides the policy holder not only with life insurance cover but part of the premiums will also be invested in specific investment funds as per the choice of the policy holder.

An amount of money an individual/business pays for Insurance policy.

The process of returning a person back to their country of origin. 

This is a type of Islamic Insurance wherein members contribute money into a pool system to guarantee each other. Any claims made by participants are paid out of this fund.

Any condition from which the Life Assured is suffering, which in the opinion of at least one specialist medical consultant specialized in the relevant disease and holding such an appointment at an approved hospital and in agreement with the Chief Medical Officer of the Company, is highly likely to lead to death within six months. In addition, the Life Assured must no longer be receiving treatment other than that for symptomatic relief.