Corporate Individual Bundle
This bundle includes Householder and Term Assurance
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Total
Corporate Individual Bundle
HOUSEHOLDER
Features
- Covers against damage caused by burst pipes, flood and earthquakes
- Provides financial compensation for items lost due to theft or fire
- Covers public liability
- Limited Compensation for Death of the Insured due to fire or violent burglary
- Covers the loss of or damage to the landlord’s fixtures and fittings
- Covers items stolen during break-ins
- Legal costs incurred under public liability are also covered
Claims Documentation
- Duly completed claim form (Online)
- Statement of loss
- Police report
- Estimate of loss/repairs
- Photographs of incident
- Receipt/Invoice
- Eye-witness statement
- Any other claim supporting document
Benefits
- Indemnifies in the event of damage to the house, burglary (theft) or fire
- Can be extended to cover larceny (Theft not involving violence or forcible entry/exit is covered)
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TERM ASSURANCE
Features
- Insures the life of an individual for a specific period (term)
- No benefit is paid if the insured survives the term.
- Premium can be paid up-front (single payment) or annually for each policy term year.
- For coverage amounts below N5m, Coronation GPS offers a simplified issue of term life assurance, with no medical exam and same-day approval.
Benefits
- Pays out a benefit to the named beneficiary(ies) upon the death of the insured
- Creates a financial cushion for loved ones when death occurs
- It could be used as collateral for a loan (credit life insurance)
- It is neither expensive nor complicated.
- The cover is flexible; choose the policy you want based on your situation.
Claims Documentation
- Medical Certificate of cause of death
- Death Certificate
- Burial Certificate (if any)
- Coroner's report (if death is by mysterious circumstances)
- Police Report (if death is by road traffic accident)
Benefits
This bundle includes Householder and Term Assurance
You will need the following to incept the policies:
- Valid ID
- Passport photograph
- Proof of Address (Recent utility Bill)
Please note that the policy document for the HMO component of this bundle will be sent to the policyholder's email within 48 hrs
HOUSEHOLDER
Features
- Covers against damage caused by burst pipes, flood and earthquakes
- Provides financial compensation for items lost due to theft or fire
- Covers public liability
- Limited Compensation for Death of the Insured due to fire or violent burglary
- Covers the loss of or damage to the landlord’s fixtures and fittings
- Covers items stolen during break-ins
- Legal costs incurred under public liability are also covered
Claims Documentation
- Duly completed claim form (Online)
- Statement of loss
- Police report
- Estimate of loss/repairs
- Photographs of incident
- Receipt/Invoice
- Eye-witness statement
- Any other claim supporting document
Benefits
- Indemnifies in the event of damage to the house, burglary (theft) or fire
- Can be extended to cover larceny (Theft not involving violence or forcible entry/exit is covered)
***********************************************************************
TERM ASSURANCE
Features
- Insures the life of an individual for a specific period (term)
- No benefit is paid if the insured survives the term.
- Premium can be paid up-front (single payment) or annually for each policy term year.
- For coverage amounts below N5m, Coronation GPS offers a simplified issue of term life assurance, with no medical exam and same-day approval.
Benefits
- Pays out a benefit to the named beneficiary(ies) upon the death of the insured
- Creates a financial cushion for loved ones when death occurs
- It could be used as collateral for a loan (credit life insurance)
- It is neither expensive nor complicated.
- The cover is flexible; choose the policy you want based on your situation.
Claims Documentation
- Medical Certificate of cause of death
- Death Certificate
- Burial Certificate (if any)
- Coroner's report (if death is by mysterious circumstances)
- Police Report (if death is by road traffic accident)