Laiki Cyprialife offers its customers, at very low premiums, the ability to enrich their insurance policy with additional coverage, which aims at creating the insurance protection that reflects their own specific needs.
If death is the result of an accident, the amount of this benefit is paid over and above the basic coverage amount. A sudden death, due to an accident, most of the times leaves the family with enormous financial worries. This policy provision ensures the financial means for dealing with possible liabilities.
In cases where the insured becomes permanently and totally disabled for work for which he/she was trained, he/she is released from the obligation to pay any premiums; therefor, at a low extra cost, the policy is ensured to stay in force.
This rider is provided with the Cypria Homeplan and the Cypria Extraplan and ensures the payment of the loan interest in cases where the insured is facing difficulties due to his/her incapability for work.
The amount of this benefit is paid in addition tothe basic coverage, in case of the insured’s death from any cause. This extra provision is offered at a low cost and provides higher additional coverage to a policy where the element of investment prevails.
- PERMANENT TOTAL DISABILITY
This provision provides for payment of the proceeds to the insured in 12 quarterly installments if he/she becomes permanently and totally disabled. This low cost rider provides the insured with enormous financial help at a time when this disability is preventing him/her from working.
Based on this provision, the insuredis covered in cases where 1 of 10 diseases strikes him/her for the first time. With this benefit the insured, is able to hold an investment policy and at the same cover his/her health.
This rider provides 24-hr medical coverage, due to an accident, in any country. The Cypria Protector can also be offered as a separate policy Cypria Protector
This rider is a complete health insurance coverage, that offers high level medical benefits, in any country.The Cypria Health Care can also be offered as a separate policy Cypria Health Care
Laiki Cyprialife’s investment policies give the right to the policy owner to proceed with additional lump sum payments ranging from CYP500 to CYP10.000 in order to purchase additional fund units. By purchasing these additional units, the investor increases his/her participation in the Funds of the Company. This rider can be exercised only if the original poilicy is in force.
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