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It is a Life Insurance that covers the risk of death by accident and illness of the Insured Person.

  • Attenuates the emotional distress of the family resulting from making financial decisions;
  • Minimizes the financial burden on the family;
  • The last will of the deceased is respected;
  • It is for life;
  • Allows you to choose the most appropriate coverage of capital to your needs;
  • It is flexible, allows you to change the coverage of capital over time.

The Seguro em Paz (Insurance in Peace) Client has a lifetime contract. The Client only pays premiums up to 85 years old and changes of the covered capital are not permited after 60 years old.


Option
 
A
B
C
D
 
Guaranteed Capital
 
6.000,00 MT
12.500,00 MT
25.500,00 MT
50.000,00 MT

 
Example: A Client subscribing to this Insurance, between 30 and 35 years old/ Option A: will have to pay a monthly premium of 21,03 MT.

The Seguro em Paz (Insurance in Peace) is designed to Clients from the age of 15 with any level of income. It is a Life Insurance that covers the risk of death by accident or disease of the Insured Person.

Subscription Age Limit and Acess Conditions

  • ​Clients with ages up to 60 years;
  • Adherence to the Seguro em Paz (Insurance in Peace) is automatic.
  •  
    Coverages
     
     
    Option
     
    A
    B
    C
    D
     
    Guaranteed Capital
     
    6.000,00 MT
    12.500,00 MT
    25.500,00 MT
    50.000,00 MT
     

    If the Insured Person dies during the first two years, the Beneficiary receives the total amount of the paid premium.

    If the Insured Person dies after the first 2 years, the contract capital is only received by the beneficiaries after the payment of two annuities without the same being changed. If it has been changed, the Beneficiaries will receive the lowest.

    Beneficiaries

    Beneficiaries are appointed by the Client. If no beneficiaries are appointed, than the legal heirs will be considered.

    To apply for a Seguro em Paz (Insurance in Peace) please visit any Millennium bim Branch or contact your Relationship Manager.

    People (Insurance)
    Insurance that has the objective of assuring the risks that may affect a person's life, health or physical integrity.
     
    Accident
    Defined as the sudden, fortuitous, unexpected and abnormal event due to the action of a cause external and foreign to the Policy Holder, Insured Person or Beneficiary's will.

    Insurance Policy
    Document which headlines the Insurance contract between the Policyholder and the Insurance Company, which contains its general, special, if any, and any specific conditions agreed.
     
    Premium
    Price payable by the Policyholder to the Insurer in exchange for the obligation assumed by the later that, in the case of a claim resulting on the hedged risk, there would be paid a compensation or delivered a certain capital.
     
    Coverage
    Event or series of events specified in the Insurance contract of which its verification allows the trigger of the policy guarantees in the terms set herein. 

    Frank
    Value that,  in case of accident, is payable by the Insured Person and is stipulated in the Policy.

    Exclusions
    Are the conditions / risks which the Insurance does not cover, which are exempt from coverage.