A Decreasing Term” protection plan that ensures your financial commitments are secure.
Libano-Suisse Takaful “Decreasing Takaful policy is more convenient to be used for loans, protect the bank by securing the debt of the borrower, where the sum covered and not contribution decrease on a periodical basis (monthly/yearly) throughout the duration of the loan. You will be covered for the outstanding debt towards the bank. In case of death, sum cover is payable to the beneficiaries.
