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Life Insurance
BBAC, in collaboration with The Capital Insurance & Reinsurance Co. s.a.l., offers you the Life Insurance designed to protect your family’s financial well being in case of a sudden death.
- Why do I need the Term Life Insurance?
- Taking care of family is a high priority. Since life does not guarantee that one will always be around to provide for their loved ones, you do not want to make the mistake of waiting until it is too late. With this insurance, you can face life’s challenges with confidence and tranquility knowing that, regardless of what might happen to you, your family will be supported.
- What kind of coverage can I receive?
- The insurance provides coverage in case of natural or accidental death.
- What other benefits does the Insurance offer?
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- Comfortable monthly premiums automatically withdrawn from your bank account with no extra charge.
- Worldwide, round- the- clock coverage.
- The contract will be handed to you immediately at the branch and will be automatically renewed.
- The contract period can vary from 1 to 5 years with a five-year renewable option.
- What are the requirements to apply?
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- You must hold an account at BBAC.
- You must be between 20 and 50 years old.
- You must fill a medical questionnaire with no medical examination required.
- The insured amount should not exceed 40,000 USD per person.
*The insurance coverage does not apply to: members of armed services, professional athletes, cabin crew and those engaged in dangerous hobbies.