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ČTYŘLÍSTEK Life Insurance

ČTYŘLÍSTEK life insurance provides comprehensive protection for children and also those who look after them. ČTYŘLÍSTEK insurance represents a safe way for long term saving that ensures a favourable increase in the investment value and thus facilitates the commencement of independent life for the child when reaching adult age.

Who is ČTYŘLÍSTEK insurance designed for?

ČTYŘLÍSTEK life insurance is designed for all who look after a child (parents, grandparents, relatives, etc.) and want to facilitate his/her future life and ensure an easier introduction to independent life. The insurance for your child may be taken out up to 15 years of age. The end of the insurance may be set between 18 to 25 years of age. Up to two adults may be insured together with the child.

How is the child protected by ČTYŘLÍSTEK insurance?

In addition to profitable saving, ČTYŘLÍSTEK insurance provides protection in the case of one or both adults suffering permanent disability or serious illness. In the listed cases and also in the case of a family tragedy, the insurance company assumes the payment of the insurance premium so therefore the child will not remain without means.

Advantages

Complex and quality insurance coverage,
Option of insuring the child together with one or both parents (adults) within one insurance contract,
Guaranteed yields on beneficial interests plus a share in company profits,
Facilitation of the commencement of the child’s independent life,
Protection in the case of serious family situations.

The insurance includes the following

Endowment assurance of the child,
Exemption of premium payments in the case of:
- Death of the adult,
- Serious illness ailment of the adult,
- Permanent disability,
Accident insurance for children,
Accident insurance for adults,
Additional insurance in case of the death or serious illness ailment of the adult.

Example

Mr. Novak underwrote ČTYŘLÍSTEK insurance for his two month old son and in the same contract he also insured himself and his wife who is five years younger than him. Mr. Novak also thought that something could happen to him by accident and therefore he also underwrote insurance for the case of death and serious illnesses with an insured sum insured of 200,000 CZK in order to protect his son and his wife in the case of an unfortunate incident.

Father, 30 years old
Age of child: 2 months
Guaranteed sum for child at the end of the insurance: 200,000 CZK
Insurance term: 25 years
Monthly insurance premium: 1,030 CZK