Co. is engaged in the underwriting and provision of various types of individual and group insurance products, and reinsurance. Group insurance products include: group term life, group hospital and surgical, personal accident, credit life, Keyman insurance, and credit life insurance. The main product of group insurance is term insurance. Individual insurance products include: endowment, joint life endowment, one year term insurance, and scholarship insurance with anticipated payments. Life insurance with anticipated benefits and term insurance are the primary individual insurance products. In 1994, Co. offered 13 types of individual insurance products of which Anticipated Endowment plus Bonus constitutes the largest sales, followed by Special Scholarship Insurance. Also, in 1994, 57,953 units of policies were in force.
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