How does life insurance work?

Life insurance

Life insurance helps secure the future of your loved ones. This type of insurance provides a lump sum or annuity to one or more beneficiaries in the event of the insured person's death.

Life insurance - RGF Group

What does life insurance cover?

There are many options available for coverage in the event of premature death. In addition, some policies offer additional options and can be combined with other types of coverage.

Temporary insurance for a fixed sum:

In the event of premature death, a predetermined lump sum will be paid to your beneficiaries for a fixed period of time that you determine.

Temporary decreasing term insurance

Just like outstanding balance insurance, your beneficiaries will receive a lump sum that will decrease as the end of the contract approaches.

Temporary annuity insurance

You determine a period during which your beneficiaries will receive an annuity.

Whole life

Regardless of how long you live, upon your death, your beneficiaries will receive a predetermined lump sum.

Accident insurance

In the event of death or permanent and total disability following an accident, you are guaranteed payment of "compensation."

*Applicants for such coverage must undergo a medical examination.

Outstanding balance insurance

Outstanding balanceinsurancecoversyouin the event of premature death. If you have not yet repaid your mortgage in full, it will be repaid in part or in full. This insurance is therefore essential for your family: spare them financial hardship! What's more, you benefit from tax advantages on the premiums paid.

Supplementary disability insurance (ACRI)

With ACRI insurance, you receive compensation during your period of disability (following an accident or illness).
In addition, RGF takes into account the highest degree of disability (economic or physiological).

The coverage provided by this insurance may take the form of:

  • premium exemption proportional to the disability rate,

  • pension proportional to the degree of disability,

  • temporary pension proportional to the degree of disability,

  • interest-free advance

 

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