Business income is a reward for risk taking. In order to ensure this income lasts for generations; it becomes imperative to cover the financial risk arising due to the unforeseen demise of a Business Partner or Key Employees. Our business protection plan helps ensure that your business is not impacted by financial expenses arising out of purchase of stake of a deceased partner from surviving family members or impact on business profits due to loss of key employees.

To ensure that you are adequately covered against financial risk we bring you two different approaches to meet your financial planning objectives.

Life Long is a whole of life protection plan which helps you cover risk along with an underlying cash value. You can choose to customize a premium paying term of 7 years & above, with the plan benefits extending up to the age 95. This plan is an ideal for Business Partners as their interest is vested in the business for a long term and is spread across future generations.

Key features:-

  • Allows you to customize plan benefits keeping them in line with the business profits i.e. with increase in business risk plan benefits can be increased and vice versa.
  • Provide a range of comprehensive additional benefits to protect against the financial impact of serious accident and illness.
  • Issues a cash sum if you are diagnosed with a critical illness during the policy term, if critical illness benefit is chosen.

International Term Assurance is a cost effective business protection plan covering demise of a partner/key employee and financial expenses arising out of critical illness treatment alongside other optional benefits. The plan offers benefits for a period ranging from 5 years to 35 years and is ideal for businesses which are spread across borders. The plan is best suitable to insure key employees against financial risk arising out of demise and critical aliments.

Key features:-

  • Issues a cash sum if you are diagnosed with a critical illness during the policy term, if critical illness benefit is chosen.
  • Issues a cash sum if you become permanently and totally disabled during the policy term, if permanent and total disability benefit is chosen.
  • Issues policy premiums if you are unable to work through illness or accident, if waiver of premium benefit is chosen.
  • Continue to provide protection if you move permanently to another country.

Life Long and International Term Assurance is underwritten by Zurich International Life and Citibank is a distributor. Same changes to be incorporated as above.