Long Term Life Insurance with Declining Budget
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It is a derivative of MAPFRE Long Term Life Insurance, which is a life insurance option offering extremely comprehensive cover. The policy holder is free to set the benefit figure of his choice on an annual basis, and receives the set indemnity figure should the risk occur from that date on, till the end of the pre-determined term. Each year, the death benefit declines by a certain rate. The insurance policy and the premium can be set in Turkish Liras, US Dollars, or Euros.
*Long Term Declining Balance Life Insurance is offered by MAPFRE Yaşam Sigorta A.Ş.
- Is available for anyone in the age group of 18-65, provided that the insurance term does not extend beyond the age of 70;
- Can be executed in Turkish Liras, US Dollars, or Euros;
- Premium payments can be made on a monthly, quarterly, biannual or annual basis, by credit card or bank transfer orders.