Market share of total stipulated premium
QBE 19% Vardar 21% Euroins 6% SavaTabak 16% Sigma 4% Eurolink 9% Insig 3% Sigal 5% Insurance Policy 9% Albsig 5% Croatia 1% Grawe 2% Note: Table made from pie chart.
If a stipulated premium
is paid within a specified time period, the premium and the death benefit are guaranteed even if the insured lives beyond age 100.
If, during the term of this insurance, the approved rates drop, at the termination of the insurance or prior thereto, at the request of the insured, the Company shall refund the difference between the stipulated premium
and the modified premium, calculated from the date of such modification to the termination of the insurance.
In the event of total disability, the Disability Completion Benefit pays a stipulated premium
and waives all monthly policy expenses (after a short four-month waiting period).
The first method, called the stipulated premium
method, guarantees that a contract will stay in force as long its some minimum premium amount is paid every premium period.