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 life@citadelplc.com.
Why do I need life insurance 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 insurance is a vital element in the protection of your family’s future lifestyle as it can replace lost income in case of death. Life insurance 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 insurance 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 insurance 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 insurance product offer me?
The decision to purchase the right life insurance 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.