Life Insurance Safe Family
Please be informed that from 1 December 2023 Šiaulių Bankas AB will no longer concludes new life insurance contracts "Saugi Šeima" to its clients. The life insurance "Saugi Šeima" contracts signed and concluded before 1 December 2023 will continue to be administered by the Bank.
Advantages for Šiaulių Bankas' Customers
Insurance Conditions
- Signing such life risk insurance policy a customer of Šiaulių Bankas can insure himself, his children, his spouse or partner;
- Age of the insured – from 0 to 65;
- At the time of concluding the policy one is provided with both - life insurance and insurance against accidents at the same time;
- this insurance is not intended to accumulate funds for the future, it is a financial protection against the most common risks;
- the term of the policy - not longer and not shorter than the period until the insured reaches the age of 65;
- possibility to terminate the insurance policy at any time - without any additional conditions.
Insurance benefits are paid in the case of the following insured events:
|
Insured event |
Insurance benefit |
|---|---|
|
Death of the insured during the insurance period (insurance protection in force) |
|
|
Accidental injure of the insured during the insurance period (insurance protection in force) |
Amount is calculated according to percentage part of insurance amount of the damage to the health using the insurance premium calculation table given in Life risk insurance Safe Family Rules |
In the case of insured event, the insurance benefit is paid no later than within 30 calendar days from the date of receipt of the complete information about the event, its circumstances and consequences. Quick financial assistance is very important in the cases of disaster.