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Milimani villas, Ralph Bunche Street
Terms & Conditions
? What is a Premium?
The premium is the amount you pay for your insurance policy, either monthly, quarterly, or annually.
? What is a Deductible?
The deductible is the out-of-pocket amount you must pay before your insurance starts covering costs.
? What does Policy Limit mean?
The policy limit is the maximum amount your insurance provider will pay for a covered loss.
? What is an Exclusion in insurance?
Exclusions are specific situations or conditions that are not covered by your insurance policy.
? What is a Beneficiary?
A beneficiary is the person or entity that receives the payout from a life insurance policy.
? What is a Grace Period?
A grace period is the additional time given after a missed payment before your policy is canceled.
