The plan provides protection against the financial loss your business may suffer from losing a ‘key’ employee due to death.
The Shareholder/Partnership Protection Plan allows your business/partnership to protect itself against the financial loss it may suffer from losing a major shareholder/ business partner due to death.
The Business Loan Protection Plan allows your business to put in place an appropriate solution that will provide funds to repay any borrowings.
The Loan Protection Plan repays any outstanding home loan after your death. This gives you peace of mind that the roof over your partner and children’s heads is safe even when you are no longer around.
The Loan Protection Plan is a decreasing term assurance which covers you for a specific period of time. Your premiums, or payments, stay the same throughout the entire policy term, however the death benefit decreases over time
The Protection Plan is designed to provide an immediate taxfree payment to whoever you designate after your death. It helps you maintain your family’s standard of living or keep your children in their current school and fund their future needs.
The Protection Plan is a level term assurance which covers you for a specific period of time where your premiums, or payments, and death benefit stay the same throughout the entire policy term.
The Whole of Life Plan is designed to provide a lump sum to a designated person of your choice after your death. The lump sum may be used to settle your funeral expenses, taxes, or any other duties. It can also be used to help maintain your family’s lifestyle or simply to leave as a legacy.
The premiums on your Whole of Life policy are payable throughout your lifetime at fixed regular payments. The Policy is designed to pay a lump sum after your death, whenever that occurs.
Timberland Invest Ltd. (TIL) is an enrolled Tied Insurance Intermediary under the Insurance Distribution Act for MAPFRE MSV Life p.l.c. (MMSV). MMSV (C-15722) are authorised under the Insurance Business Act. All entities are regulated by the Malta Financial Services Authority.
The Products are manufactured by MMSV and distributed by TIL.
Tax treatment depends on individual circumstances and is based on current tax legislation which may change in the future.
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Timberland Invest Ltd.,
CF Business Centre,
Gort Street,
St Julians STJ 9023
Malta