Group Life Insurance

Life insurance can be tailored to the satisfaction of corporate and companies who seek to offer it as an incentive to enhance loyalty of their employees. With 24 hours coverage; any company can insure the lives of their employees in case of death due to any cause. Because every company cares about its employees and care to retain qualified people in light of the spread of the competitive economy, Global Life Insurance Company is cares to provide offers that suit the needs and help in making the right decision. This is done by covering the risks of death “God forbid” with many benefits that are compatible with different work conditions and requirements. The company offers a number of insurance programs that suit the needs of all employees in terms of providing safety and a decent living when contracting. We are at Global Insurance Company believe that life is more valuable than it can be valued, and that the head of the family is the cornerstone for building a secure and stable future for his family. We also realize that the changing requirements of life need continuous planning to ensure a stable standard of living that does not change with the loss of the family foundation.

Therefore, life insurance provides you with financial stability to protect the income of your family and loved ones from any losses, 24 hours a day, anywhere in the world in the event of death. God forbid." It is important for both the employer and employees to have a plan for the unexpected risks , and our group insurance provides these plans because of their financial protection, and the security of dependents in the event of the death of an employee.
You can choose the accrual amount based on a fixed amount or a percentage of the employee's salary:
● 48 times salary
● 36 times salary
● 24 times salary
You can choose additional benefits that are in your interest knowing that there will be a help and support when you need it most. The Global Insurance Company offers a number of insurance programs that suit the needs of all employees and provide safety and a decent living.

The most important of these programs are:
● Our company is obligated to pay the insurance amount 100% in the event of the death of the insured “God forbid” for any reason during the insurance period and before reaching the retirement age.
● Our company is obligated to pay the insurance amount 100% in the event that the insured suffers a permanent total disability, which leads to the termination of the employee's services as a result of an accident or sickness during the insurance period and before reaching the retirement age.
● Our company is obligated in the event of the insured suffering from permanent partial disability, which leads to the termination of services as a result of an accident during the insurance period and before reaching the retirement age, by disbursing % of the insurance amount corresponding to the percentage of disability.
This program is the best way to cover a group of insureds, starting with 10 employees, at the best prices and conditions in Iraq. You can choose any additional benefit to be added to this program:
● Accidental death (double compensation).
● Permanent total disability due to accident or disease.
● Permanent partial disability due to accident or disease.
● Medical expenses due to an accident.

Credit Life Insurance

As a bank or financial institution, you deal with a huge number of loans and financial transactions that require you to enter into various risks, and by obtaining life insurance for your customers, you contribute to reducing those risks.
ALoan insurance protects banks from the risks of borrowers default and helps reduce lending risks, which prompts them to develop loan products of all kinds, especially housing loans.

Types of insurance include:
● Housing Loans
● Personal Loans.
● Motor Loans.
● Credit cards Loans.

Reteirment Life Insurance

Are you planning for retirement?
This program helps you to save and protect you from the difficulties you face in the future. Program advantages: ● Flexibility in choosing the saved amounts.
● Flexibility in choosing the retirement age.
● The possibility of obtaining a loan from the savings of 80% of the savings.
● Get 100% of your savings in one installment or as a monthly salaries at the.
● End of insurance duration In addition to the life insurance program.
Most important coverages:
● Accidental death (double compensation).
● Permanent total disability due to illness or accident.
● Permanent partial disability due to accident or disease.
● Medical expenses as a result of an accident.

Education Life Policy

Do you save for your children's education? This program helps you to save to secure the education of your children until they reach the age of university education
Program advantages:
● Flexibility in choosing the duration of the program based on the age of the beneficiary of your children.
● Flexibility of disbursing the agreed amount, which will be paid to the beneficiary of your children at the end of the program period either in one payment or monthly payments. In addition to the life insurance program.

Term Life Insurance

We at the Global Insurance Company believe that life is too precious to be valued, and that the head of the family is the source of saftey and stability for future for his family, and we also realize that the requirements of life , The changing needs of continuous planning to ensure a stable standard of living that does not change with the loss of the foundation of the family. Insurance here provides you with financial stability to protect the income of your family and loved ones from any losses over the course of time24 hours a day, anywhere in the world in case of death "God forbid". Starting from 18 to 69 years old. The duration of the contract can be for a specific period ranging from one year to 50 years, with fixed installments. Additional coverages:
● Accidental death (double compensation).
● Permanent total disability due to accident or disease.
● Permanent partial disability due to accident or disease.

Saving Life Insurance

These investment plans help the individuals to invest in a systematic and disciplined way so that they can achieve the long-term and short-term financial objectives of life.
The savings plan offers various features that help to meet the specific financial need of the individual by making investment as per one’s own suitability and risk appetite.