Whole of Life

This product forms part of the MAPFRE MSV product range.

  • Protects your family from the financial costs arising on your death
  • Pays a lump sum in the event of death of one or more persons covered, whenever this occurs
  • Pays the lump sum early if you are diagnosed with a terminal illness
  • You choose amount of death benefit, with a minimum of €40,000
  • You can pay the premiums monthly, quarterly, half yearly or yearly
  • Premiums will remain level throughout the plan
  • The cash lump sum is free from tax under current legislation
  • You can appoint one or more beneficiaries to receive the benefit under the Plan
  • The policy pays up to €2,500 for funeral expenses costs in the form of a pre-payment of the death benefit
  • Anyone domiciled in Malta can have this plan
  • It is available to anyone aged between 18 and 69 when the plan starts