Decreasing Term Assurance - cim life Decreasing Term Assurance - cim life
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Debt Protection Insurance (Decreasing Term Insurance)

Cim Life’s Decreasing Term Assurance is designed to cover a reducing debt under a loan with capital and interest repayment. The sum assured will decrease each year in conjunction with the remaining debt.
In the case of death of the life assured during the term of the policy, the outstanding amount under the policy will be paid for settlement of the loan.

Benefits include
Family protection for any type of debt, be it mortgaged or not, in case of your death.


Features
Premium payable for a shorter period.
Premium payable by single, monthly or yearly periods
Joint policies available.