LIFE AND HEALTH INSURANCE

1. term insurance

Term Insurance offers you the opportunity to have high coverage by paying a low premium, in case of loss of life from any cause.

Additional Benefits

Term Assurance and Term Assurance Renewable & Convertible enables you to also have extra coverage by adding the following additional benefits:

• Accidental Death
• Permanent Total Disablement
• Disability Income
• Waiver of Premium
• Dread Disease

It is aimed at those of you who would like to protect their family by paying a very low premium.

2. unit-linked schemes

A Unit-Linked Scheme offers:

• Protection in case of loss of life from any cause
• Investment of premium in funds of your selection
• Right to increase or decrease your premium depending on your needs.
• Tax Deductibility of Premiums
• Opportunity to add optional premium
• Opportunity to extent the duration of your policy, without paying additional fees.
• A range of Supplementary benefits to add:
  • Term Assurance
  • Accidental Death
  • Permanent Total Disability
  • Disability Income
  • Waiver or Premium
  • Major Medical
  • Dread Disease

The duration and the benefits which are offered depend on the type of Scheme you would choose.

It is aimed at those of you who are interested in building up capital on medium or long term basis, both through systematic saving and financial support provided by the insurance covers, in order to meet your future financial needs.

3. educational scheme

It is a real educational plan and a very flexible investment scheme. The child is the sole beneficiary as there is no surrender value.

• The Company will continue to pay the premium of the policy, in case of loss of life or total disablement of the Life Assured.
• The Company will pay immediately after the incident the difference between the Sum Assured and the value of the units (if any) as a lump sum to the Child.
• At maturity, the child may choose to receive the money either as a lump sum or as yearly installments. In case the child decides not to study then the amount is paid as a lump sum.

It is aimed at those of you who are interested in creating capital for their children's studies through systematic savings.

4. pension plan

The pension plan is connected with internal unit linked funds through which capital is build up for pension provision at the maturity or retirement of the annuitant.

At maturity the amount paid is the value of units, which is converted into a monthly pension. It offers 4 alternative options for monthly pension:

1. Payment of monthly pension for life.
2. Payment of monthly pension with a guaranteed period of 5 years. *
3. Payment of monthly pension with a guaranteed period of 10 years. *
4. Payment for life of a smaller amount of a monthly annuity with transferring part of it to a named dependant where in case of loss of life the payment to the dependant will continue for life. If the dependant is a minor, the annuity will be paid until the dependant's 21 st birthday.

* In case of loss of life of the annuitant before the completion of the guaranteed period, the monthly annuity will be paid to the heirs until the completion of the period.

Additional Benefits

• Opportunity to add optional premiums (minimum €1.750, maximum €35.000)
• Free bonus units after 5 years and given that the value of the Plan is more than €8.500.
• Right to increase or decrease your premium depending on your needs.
• Tax Deductibility of Premium
• A range of Supplementary benefits to add:
  • Disability Income
  • Waiver of Premium

It is aimed at those of you who are interested in building up capital on long term basis, through systematic saving adding significantly to the pension provided by the Social Securities Fund at your retirement.

5. health plan

The Health Plan is a diverse product with 4 different options, one of which is offered only to students. Each option offers different limits of cover per person and the premium depends on the option and the age of the person.

In all of our Plans, customers can choose between the Comprehensive level of cover that will give them benefits for both In-patient and Out-patient expenses and the Standard cover which covers In Patient benefits only.

Important Characteristics

• Each customer can select the country of treatment within the selected area of cover.
• We provide cover for emergency treatment even if you are outside of your area of cover.
• We have created a direct settlement network of over 11.000 medical providers worldwide through which in patient bills can be settled.
• There is no limit as to the age that you have to exit the scheme.

Basic Benefits

• You are fully compensated for your doctor and medical claims as long as they are included within the benefits of the plan chosen and they are considered to be reasonable and customary.
• You are covered for Medical practitioner charges, consultations and treatment, diagnostic procedures, physiotherapy, chiropractic treatment, homeopathy and osteopathy, psychiatry and accidental damage to teeth.
• It offers cover for newborn babies as long as they join within three months of the day of birth.

It is aimed at those of you who live or work in Cyprus and they want to have the best possible medical care anytime, anywhere.

6. GROUP LIFE SCHEME

The Plan's Characteristics

Although the Plan is offered on a group basis, each member has his/her own individual contract and is the manager of his/her own plan. The fact the Plan is offered on a group basis allows you to secure additional benefits such as:

• First year investment
• Low Premium
• Flexibility to re-adjust the premium
• Right to surrender the policy
• Right to choose the method of payment of the maturity as a lump sum or as a monthly pension or both
• Right to deposit in the Scheme optional premium
• Right to increase or decrease your premium depending on your needs.
• Tax Deductibility of Premiums
• A range of Supplementary benefits to add

Group Schemes can be offered from the employers to their employees, from an association to its members or from a financial organization to its clients.

It is aimed at groups of people who are interested in building up capital through investment in order to use it for personal and family needs such as retirement.