Term life insurance is a form of life insurance that protects your family against financial loss in the event of your death. SAGIC, in association with Expatriate Life Insurance, offers term life insurance that pays out a lump sum should you die during the period of cover. You can choose the period of cover, provided it is between 1 and 10 years. The policy will cover you even if you die while living and working abroad. The policy is a Level term life plan because the sum insured remains level – the payout amount doesn’t change as the term runs out, so beneficiaries always benefit from the full lump sum.
Remember that SAGIC will make a donation to the Salvation Army with every policy sold.
If you’re interested in finding out more about our term life insurance plans, click for an online quote.