Life Insurance
Products

From dedicated education endowments for your children to comprehensive whole-life and mortgage protection, Standard Insurance S.C. provides the financial shield your family deserves.

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Our Life Insurance Products

Term Assurance (Individual, Group, Modified Large Group)

Provides death benefit if the life assured dies within the policy period.

Endowment Assurance (Individual, Group)

Pays a lump sum on death or at policy maturity, including cash surrender value and loan options.

Anticipated Endowment

Offers both a lump sum payout on maturity or death, and partial payouts during the policy term.

Children’s Education Endowment

Secure a child’s future education on a lump sum payout at the end of the term or in case of the policyholder’s death.

Whole Life Assurance

Provides lifetime coverage with a payout upon the insured’s death, whenever that may be.

Mortgage Redemption Insurance

Covers unpaid loans or mortgage repayments other than the death of the mortgagor (life assured) during the loan period.

Riders (Supplementary Contracts)

Provide additional benefits which are optional add-ons on the basic cover like Comprehensive Accident Insurance (CAI), Funeral Expense, Critical Illness

Medical Insurance

Group/Individual Medical Cover

  • Reimburses Medical Expenses due to illness or accident.

World Wide Travel Insurance

Covers medical emergencies while the insured travels outside the territory of Ethiopia including foreign visitors entering a country for a temporary stay