TERM LIFE INSURANCE

Kwila Insurance Corporation Ltd provides Life Insurance cover to employed people in Papua New Guinea.

Our non participating life policy is a carefully designed tool to provide insurance and security for ordinary wage earners.

Kwila now offers non-participating straight life insurance policies without savings or maturity dates.

The Term is usually for one year, with premium and sum assured flexible and negotiable.

An employer can take cover for their entire workforce or group.

As a general guide :

• K4.50 per fortnight (approx K120 per year) per employee gives a sum assured of K11,000
• K7.50 per fortnight (approx K195 per year) per employee gives a sum assured of K22,000.

Spouse cover can be enabled with adjusted premium - if requested.

Premium may varies slightly depending on number of employees , industry and age.

Age limit is usually 60 years.

WHAT MAKES KWILA SPECIAL - GENERAL INFORMATION

• Kwila Insurance is a strong nationally owned company and invests the majority of it's funds in PNG.
• Kwila Insurance is a provider and specialised underwriter of non-participating Assurance life policies.
• Kwila Insurance has 35,000 policyholders working in both the public and private sector.
• Kwila Insurance strives to pay life insurance claims for beneficiaries.

NOTE: Information on this web site is a summary only and not legally binding. Any person considering taking a policy should refer to the policy wording.