Life Insurance products
We understand
that there is nothing more important to you than protecting
the people you care for. Whether you require Life
Insurance for your protection requirements or for
savings, we offer you a comprehensive Life Insurance
product range to suit your every requirement. Should
you be interested in Group Life Insurance, GlobalCapital
Life Insurance Ltd. offers some of the most competitive
rates and covers on the Island.
GlobalCapital Life Insurance
Ltd (GCLI) offers a wide range of Life Insurance Protection
and Savings policies.
Our protection Life Insurance range includes:
Level Term Insurance
A financial protection Policy whereby the Sum Insured
remains constant throughout the duration of the contract.
The Policy, with cover known as Death by any cause (subject
to exceptions), responds upon the death of the Life
Insured during the Policy period.
Level Term Insurance (Including Personal Accident
Rider)
A level term Policy with a nominal sum Insured over
a 5 year term. Additionally, personal accident benefits
are attached to it. The rider has a renewable 1 year
term.
Decreasing Term Insurance
A Policy in which the Sum Insured
decreases annually throughout the duration of the contract.
This type of term insurance is usually used to cover
a Home loan.
 Total
Protection Plan
Offers
wide scope of cover incorporating the aspects of Death
by any cause -
The Policy responds upon the death of the Life Insured
during the Policy period (subject to exceptions),
Critical Illness
- The Sum Insured will be paid if the Life Insured contracts
one of seven named illnesses and Cover for
Permanent & Total Disability
- Should the Life Insured become totally unable by reason
of sickness or accident to follow his or her own occupation
or any other occupation and in the opinion of GCLI is
likely to remain so up to retirement age, then, the
Company will pay the Sum Insured.
Whole of Life Insurance Policy (Without profits)
A Policy which pays out
the sum Insured only when the Life Insured passes away,
whenever that may be. It is a permanent Policy,
without an expiry date.
Supplied
text is for information purposes only and should not
be taken as basis for deciding whether to purchase the
policy. Terms and conditions of policies mentioned above
are found in the respective policy documents which are
available for viewing at one of the Company's offices
in Gzira, Ta’Xbiex, Fgura, Qormi, Balzan, Gozo.
The amount in EUR is quoted for information purposes
only and is the result of a conversion using the Central
Parity Rate of 1EUR = Lm0.429300 established by the
Central Bank of Malta
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