The difference between this policy and a regular Term Life is that at the end of the specified number of years, while policy is still in force, you will receive up to 25% of the total premium as a bonus.
Medical Insurance provides coverage to an Insured, as a result of illness or bodily injury. A severe illness, or a number of minor ones in a short period, can wreck the family budget and create a financial burden.
At State Insurance Company Limited we offer Individual Medical Insurance and Group Medical/ Life Insurance Policies to assist you in those times of need.
The Individual Medical Policy is sold on an individual basis, with or without Vision and Dental. The Vision and Dental riders are additional enhancements to the policy that are paid according to the schedule of benefits enclosed in the policy. This policy entails Major Medical Benefits.
A Group Medical Insurance Policy is a contract with an employer, other group or organization that covers a Group of Persons identified as individual group. The minimum to start a group is ten (10) persons. Vision and Dental cover can be obtained as additional enhancements that are paid according to the schedule of benefits. It also carries major medical benefits.
Most Group Medical Insurance Plans have higher benefits with a lower premium than an Individual Medical policy.
Premiums are payable for twenty (20) years with a very small monthly premium. Sums assured range between $30,000 and $50,000. This policy is available to persons within the age range of 25 to 65 years old.
With the gradual increase in the cost of funeral expenses please consider this issue seriously; do not leave any burden or financial strain on your loved ones.
This plan offers protection to the insured up to their 65th birthday.
Tel: 268-481-7800/1/2/3/4
Fax: 481-7860
Tel: 268-481-7880
Fax: 481-7870
Tel: 268-727-7422 / 268-729-7422
Email: info@siclfinancial.com
P.O. Box 290
Redcliffe Street
St John's, Antigua
South Mall
Ebenezer, Antigua
River Road
Madison Square
Codrington, Barbuda