Protected Lifestyle Lebanon
A flexible life assurance policy that can be tailored to meet protection, savings or retirement requirements.
Life cover with extras, for clients in the Lebanon
Lebanon is one of the world’s most vibrant countries, a crossroads between Europe, Asia and the Arab world. In response, we created a product that combines protection and investment themes in a thoroughly cosmopolitan way.
Now tried and tested over many years, Protected Lifestyle Lebanon provides one-stop cover that can blend whole of life and term with critical illness, while carrying some valuable and relevant extras too. It’s also a living plan, arranged to take account of changing conditions. So once you're covered you can put your personal insurance needs to one side, and concentrate on living.
Alternatively, Protected Lifestyle Lebanon can be utilised as an investment, rather than a protection, product. This could help you to build up money for retirement, or save for future events such as weddings or education fees.
Planning with Protected Lifestyle Lebanon
LifePlan can assist with a wide range of scenarios. Whether you want to give the gift of a life policy to your children, require cover for yourself, want to set up cover for a key man in your business, Protected Lifestyle Lebanon can potentially be tailored to suit these needs.
Getting started with Protected Lifestyle Lebanon
If you are resident in Lebanon and require protection, the first thing you should do is have a conversation with your financial adviser. We believe it's crucial that you take professional advice before considering any of our products, and that is why we only accept business introduced via financial advisers. They will be best placed to advise you as to how to tailor Protected Lifesyle Lebanon to meet your specific protection needs.
Here is a brief summary of some of the options:
- You can arrange term cover alongside whole of life for a specified period. This way, you can have additional cover during the anticipated term of a mortgage or loan, and still have a healthy lump sum on death.
- You can have whole of life cover, without having to pay premiums for the whole of your life. You choose the premium term, stop paying at your chosen age, and still have a fully funded policy in place – even if you live to 100 (or beyond).
- With the benefit increase option, you can set up the policy to offset the effects of future inflation – maintaining real protection levels.
- When you take out an adult policy with critical illness cover, we can automatically cover up to three of your children to a maximum of 30% of your critical illness cover or USD 10,000 at no extra cost.
In order to obtain life cover we will, in most cases, require you to undertake a degree of medical underwriting. Maintaining cover is subject to you continuing to pay the agreed premiums throughout the relevant term.
For the full details about Protected Lifestyle Lebanon, download the Protected Lifestyle Lebanon literature suite.