Life insurance is the simplest way to plan for the future.

Having a policy in place adds value to your life, provides financial stability and protects your loved ones after your death.

The benefits of having a policy all depends on your specific situation. If you have a family who relies on your income, then it’s imperative to have a life insurance protection. Your beneficiaries can use the funds from a life insurance policy to continue living a normal life and to help cover cost such as: rent/ mortgage, food, utility and education.

Purchasing a policy that builds cash value creates a source of cash if you need to access funds from your Life insurance policy during your lifetime.

The cost and availability of Life insurance depends on factors such as: age, health, type of coverage and the amount of insurance purchased.

Visit any of our NAGICO Life Representatives or our NAGICO Life offices and we will advise you and ensure that your specific needs are addressed thus providing you with that peace of mind that your family will be protected.

A Level Term Policy is an affordable life insurance required by lending institutions as collateral assignment for a loan or a mortgage to protect repayment. The loan may be a home loan, a personal loan or a business loan.

Benefits of this policy include:

1. Amount of insurance is fixed for the term of the policy
2. Premium never increases during the term of the policy
3. 2 persons can be insured under one plan

Request a quote online, call or visit one of our intermediaries or NAGICO offices to learn more. Remember, you can save money when you bundle your insurance policies with NAGICO. Ask your NAGICO representative and start benefiting.

Designed for clients 60 years and over. Is an affordable Life insurance product required by lending institutions as collateral assignment for a loan or a mortgage to protect repayment.

Benefits of this policy include:

1. Coverage terminates at the 80^th birthday
2. Maximum coverage amount is ANG.100,000.00
3. Premiums never increase during the term of the policy

Request a quote online, call or visit one of our intermediaries or NAGICO offices to learn more. Remember, you can save money when you bundle your insurance policies with NAGICO.  Ask your NAGICO representative and start benefiting.

A Whole Life Policy is permanent life insurance with both insurance and a cash value component.  This product is usually purchased for the beneficiaries’ benefit.  The Insured may surrender the policy or borrow based on the cash value.

Benefits of this policy include:

1. Can be assigned to the bank as collateral
2. Funds for the family if the main income worker dies
3. Guaranteed Cash Surrender Value

Request a quote online, call or visit one of our intermediaries or NAGICO offices to learn more. Remember, you can save money when you bundle your insurance policies with NAGICO.  Ask your NAGICO representative and start benefiting.

The cost of education is steadily increasing while the value of government funding in this respect is contracting. For those of you with young children this may be a concern; but NAGICO’s Education Policy is your solution. Our Education Policy is especially designed to cover the future costs of education for your child(ren). The younger the child, the more you benefit from this policy. Premium is payable for the entire policy term.

Coverage Term offered:

• Maturity at 18 – Entire policy value will be paid out at age 18.
• Maturity at 19 – Entire policy value will be paid out at age 19.
• Maturity at 20 – Entire policy value will be paid out at age 20.

How much insurance should be purchased on the child?

A goal has to be assumed, for instance: the insurance may cover one year of college/university tuition or the entire college period. The client should also consider the cost associated with various University tuition standards.

Request a quote online, call or visit one of our intermediaries or NAGICO offices to learn more. Remember, you can save money when you bundle your insurance policies with NAGICO.  Ask your NAGICO representative and start benefiting.

This policy allows you to save for a certain goal; for example, travel around the world or retirement. It offers life insurance coverage, a cash value component or a payout when the policy reaches its maturity. Coverage terms offered is 20 years, Endowment to Age 60 or Endowment to Age 65.

Benefits of this policy include:

1. Offers a lump sum payout at the end of the term
2. Can be assigned to the bank as collateral
3. Cash value can be loaned on interest

Request a quote online, call or visit one of our intermediaries or NAGICO offices to learn more. Remember, you can save money when you bundle your insurance policies with NAGICO.  Ask your NAGICO representative and start benefiting.

Death causes a state of distress. Reduce the level of stress of your family during this difficult time by obtaining serenity insurance. Serenity Insurance is a life insurance policy that covers the funeral costs of the Insured. Premiums are payable for only 15 years and the sum insured increases by 2.5% from year two until death/claim event.

You will benefit from the following with this policy:

1. In event of death, your family will not have to worry about the money for a funeral
2. Because the sum insured increases every year, funds may be left over for the beneficiary after the Funeral costs have been covered
3. Quick settlement during the claim process

Request a quote online, call or visit one of our intermediaries or NAGICO offices to learn more.