MNK Re specializes in the reinsurance placement of Life Insurance businesses be it group life insurance or individual life insurance. We provide bespoke soultions and can tailor our offering to suit the specific requirements of the client.
Coverage are as follows:
- Death Any Causes (Accident and Sickness)
- PTD (Permanent Total Disability) - Accident and Sickness
- PPD (Permanent Partial Disability) - Accident and Sickness
- TTD (Temporary Total Disability)
- Including Passive War and Terrorism
Our key areas of interest segment being:
Group Term Life Insurance
Affinity Group Life
Short Term Life Insurance for Individuals
Aviation Life including Loss of Pilot's License
Ships Crew Life
Complex Medical Cases
Specialist Risks such as cover for persons in hazardous occupations
Short Term Business Covers – Key Person, Loan Cover
Shareholder and Partnership Protection
We can place reinsurance into Lloyd's of London or other continental reinsurance markets depending upon the nature of the risk and reinsurer's apetite.
We are able to quote and also able to support our clients in placing their business facultatively. We apply all forms of reinsurance techniques in supporting and pricing a risk, i.e. quota share, excess of loss and stop loss.
We can also quote for Bancassurance products which has Group Life risk as one of the components. Such bancassurance products with core risk being life can further be augmented with Redundancy or Loss of Employment (Job) cover, Critical Illness and Hospital Cash Benefits. We further offer Credit Default cover combined with Group Life to Financial Institutions.