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The plan provides coverage against the loss of life due to accident or sickness
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Be it household expenses, servicing personal and credit card loans, school and college fees, etc. AXA Life Protect has you covered
AXA Green Crescent Insurance Company has announced the launch of its latest insurance product, AXA Life Protect, a term insurance plan that provides coverage against the loss of life due to accident or sickness, terminal illness, critical illness and disability
“In the unfortunate event of your death or disability, AXA’s Life Protect plan provides the necessary financial support directly to you or your designated beneficiaries,” Neeraj Gupta, CEO Policybazaar UAE said adding this plan ensures that spouse, children and ageing parents are taken care of in your absence. “Be it household expenses, servicing personal and credit card loans, school and college fees, etc. AXA Life Protect has you covered”.
Term insurance, he added, covers its subscribers for a specific term or number of years and pays out the sum assured on death of the policyholder during the policy term.
“It is also one of the most affordable forms of life and critical illness/disability insurance available in the UAE. A must have for individuals, especially given the current situation,” Gupta said. “After the outbreak of COVID 19 there’s a sense of unusual fear and uncertainty. A term insurance policy would ensure complete financial support for your dependents, so they can live worry-free”.