Tailored Life Insurance

Tailored Life Insurance

Life insurance with provisions specific to the policyholder's individual needs or desires. For example, an ill policyholder may tailor his policy so that a portion of the death benefit can be used in advance to pay medical bills. One may pay a higher premium for tailored life insurance.
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The interactive tool allows agents to provide recommendations for tailored life insurance solutions, based on their customer's retirement goals and potential obstacles that could undermine their financial security.
Through the agreement, the bank can provide more value to customers across its network in the Middle East and offer better access to high quality, tailored life insurance products and services, according to Citi Mena head of consumer banking Dinesh Sharma.
Dinesh Sharma, head of Consumer Banking for Middle East and North Africa (Mena) for Citi, said: "This agreement helps us provide more value to our clients across our network in the Middle East and delivers better access to high quality, tailored life insurance products and services that suit their needs.
Dinesh Sharma, head of Consumer Banking for Middle East and North Africa for Citi, said, 'This agreement helps us provide more value to our clients across our network in the Middle East and delivers better access to high quality, tailored life insurance products and services that suit their needs.