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:
- Amount of insurance is fixed for the term of the policy
- Premium never increases during the term of the policy
- 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.
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