Life Insurance - Endowment Plan
We have the right Life Insurance solution that goes the extra mile to meet your needs.
About this product
SICOM Endowment Plan combines savings and robust financial protection to dependants in the event of the insured’s death during the terms of the policy.
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Maturity Benefits
Sum Assured plus Bonus at Maturity
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Mortgage Protection
1 or 2 or 3 times Sum Assured which can be used to secure loans
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Optional Supplementary Covers
Total & Permanent Disability, Health Care Cover & Maternity/Surgical Covers
Product Features
Choose SICOM Endowment Plan & benefit from:
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Type
Single or Joint
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Term
Choose between 5 to 30 years
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Maturity Benefits
Bonus on the Full Sum Assured at Maturity
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Death Benefits
1, 2 or 3 times Sum Assured plus accrued bonus in case of death
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Total & Permanent Disability (Optional)
In the event of Total & Permanent Disability before maturity date the amount payable in case of death becomes payable together with Bonus accrued on the Sum Assured
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Health Care (Optional)
The amount payable in case of death becomes payable together with Bonus accrued on Sum Assured, in the event of diagnosis of any one specific illness as defined in our Health Care Cover before maturity
( Terms and conditions apply)*
Useful Information
Total & Permanent Disability
In the event of Total & Permanent Disability before maturity date the amount payable in case of death becomes payable together with Bonus accrued on the Sum Assured
Health Care Cover
The amount payable in case of death becomes payable together with Bonus accrued on Sum Assured, in the event of diagnosis of any one specific illness as defined in our Health Care Cover before maturity:
- Heart Attack
- Coronary Artery Bypass Graft (CABG)
- Stroke
- Cancer
- Kidney Failure
- Major Organ Transplant
- Paraplegia, Quadriplegia, Diplegia, Hemiplegia and Tetraplegia
- Blindness
- Major Burns
- Cardiac Valve Surgery
- Pulmonary Artery Hypertension
- Coma
- Brain Damage
PLUS
Special Cover for Angioplasty with varying terms of payment. (Please contact us for more details)
Maternity Cover
- It covers Caesarean as well as Normal Delivery
- Possibility of claiming from multiple policies
- Limit per policy: 10 % of Sum Assured
- Premium for the Maternity Cover ceases after claim is admitted
- Cover ceases at age 65 years
Surgical Cover
- Possibility of claiming from multiple policies
- Limit per policy: 10 % of Sum Assured
- Premium for the Surgical Cover ceases after claim is admitted
- Cover ceases at age 65 years
Age at entry + term should not exceed 70 years
- National Identity Card
- Recent Utility Bill (not more than 3 months old)
- Birth certificate
- Marriage Certificate (as applicable)
- Bank details for payment of premium
- Payment of First Month Deposit
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Maturity Benefits
Sum Assured plus Bonus at Maturity
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Mortgage Protection
1 or 2 or 3 times Sum Assured which can be used to secure loans
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Optional Supplementary Covers
Total & Permanent Disability, Health Care Cover & Maternity/Surgical Covers
This product is offered by: State Insurance Company Of Mauritius Ltd
BRN:C07007065
FSC License No: IS10000020