PMI believes it is essential to ensure that your family is financially protected in the event of death, accident or any serious illness. The idea is to protect those dependent on you for any loss of income and provide a cash benefit when it is most required. The various kind of cover are: • International Life Insurance - In the event of death, selected beneficiaries receive compensation equal to the amount of cover selected. We believe protection planning is particularly imperative for young individuals with families as one normally has higher financial liabilities in the early stages of life like mortgage, education fees for children, daily living expenses.
• Critical Illness Insurance - This specifically protects an individual against any income loss or increased living expenses due to serious illnesses like cancer, heart attack, multiple sclerosis, kidney failure, major organ transplant, Alzheimer's disease, paralysis, blindness, severe burns, coma, etc. In such cases, the beneficiary receives a lump-sum that would financially aid you and your dependents in these tough times. |