EFU Life Insurance Case Study

2.4 Common products of EFU Life Insurance

2.4.1 Education Plan

Any one of the best investments parents can make in your own life it is to invest in children's education. Of course, parents are sought through the accumulation of business, property and cash assets, as they give their children a good start in life, but these can be "temporary" in nature. An asset, which is permanent, however, is a good college / university education - which no one can take away from them.

With EFU education program, people can make sure that, unlike other parents dream that their children will become a reality.

In the continuation of the benefit, which is built in program that will ensure that all future donations will die by the end EFU following customer,

2.4.5 Grand star plan

The EFU grand start program helps to build up the body of the fund can be used to finance their grandchildren’s college or university education. The program provides high-value savings, plus life protection and flexibility, the level of protection of the various options, according to the needs of people to customize benefits. Accumulated through the program funds available for education and marry, buy a house, to expand their business, retirement income or any other purpose.

2.5 TYPES OF POLICIES

Property policies come in three basic types; package, combined and single

2.5.1 Package Policy

Package policy contains several different sections , such as fire, accidental damage , glass , theft, third party liability , employer's liability , during transport , the money commodity , policy insured usually purchased as a whole , although small modifications , according to need to be . The amount of insurance coverage and the promulgation of the standard , as it is designed in the market with the industry , or part of their policies . Examples of policy package is a family-friendly policies ( domestic) and shopkeepers policies (commercial)