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Life Insurance

Frequently Asked Questions

How do I receive a personalised quote?

You may fill up our online quotation form for a home loan life insurance quote and we will get back to you with a quote. Alternatively you may call our offices on 2557 9000 or send an e-mail to

Why do I need life assurance and how does it work?

We are often quick to insure our homes, cars and valuables, but we often overlook our most important asset – ourselves. Life assurance is a vital element in the protection of your family’s future lifestyle as it can replace lost income in case of death. Life assurance is also a means to protect any personal loans, such as home or car loans, as well as a means to protect any business loans in the event of death. It can also be a means for a comfortable retirement.

During the term of a life assurance plan, you will be paying a regular premium so that in the event of your death the life assurance plan pays out the sum assured.

In case of endowment life assurance plans, the investment accumulated over the term of the plan will be paid out to you if you survive throughout the term of the plan as a guaranteed lump sum payment.

What can the right life assurance and investment product offer me?

The decision to purchase the right life assurance and investment plan reflects a commitment to you and your family and recognises the need to meet your financial responsibilities. Inadequate planning for your future could expose you, your spouse and your dependents to serious financial risks.

Why should I plan for my retirement?

If you plan properly for your retirement you can avoid any potential drop in your future standard of living as the Government pension may simply not be enough.  Any extra income derived from the proceeds of a well-structured retirement plan will therefore help you turn your retirement into the longest and most enjoyable holiday of your life.

When should I start thinking about my retirement?

In principle, the earlier you start investing for your retirement the better, as a larger amount of invested capital can be accumulated over the years. The later you start investing, the more you might need to contribute for your retirement.

What is a Unit-linked plan?

A unit-linked plan is a endowment life assurance regular savings and/or single premium plan offering returns directly linked to the performance of the investment markets.  In the event of the death of the insured the plan will pays the sum assured. Their primary advantage is their flexibility, as they offer a variable mix between investment content and life cover. The invested portion of the premium of a unit-linked plan is invested in a selection of investment funds.

How is my premium allocated and invested?

The premiums paid are invested in the fund options which you have selected, after the deduction of life assurance expenses and other charges.

What factors should I consider when planning for my retirement provisions?

When planning for your retirement savings, it is important to consider how much of your income will be invested. You should also consider the length of time of the investment, the effects of inflation, the income or lump sum you would like to receive upon retirement and the amount of risk that you are willing to take when selecting the investment options.

What should I do next?

We can help you in providing the saving solutions you are looking for. You can call us for an appointment or visit one of our branches for more information.

Casa Borgo, 26, Market Street, Floriana FRN 1082, Malta

Tel: (+356) 2557 9000

Freephone: 8007 2322


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Branches: Il-Mosta, In-Naxxar, Paola, Haz-Zebbug, Ta' Xbiex, Iz-Zejtun, Il-Mellieha, Victoria - Gozo

Citadel Insurance p.l.c. (Company registration number: C21550), is a company authorised under the Insurance Business Act, Cap. 403, to carry on general and long term business of insurance and is regulated by the MFSA. This website is targeted for risks situated in Malta.