Life insurance and family protection are the cornerstones to successful financial planning and security. The MSV Free Life Insurance for New Parents is there to help make life that little bit easier by giving our clients the peace of mind they deserve.

The Plan guarantees that a payment of €10,000 is made should you pass away before your child’s first birthday. This can help to:

  • Pay associated bills and expenses;
  • Pay any inheritance taxes due;
  • Have a sum of money to help out in the short-term.

What are the benefits of the Life Insurance for New Parents?

Your Plan will pay out €10,000 if a person insured by it dies. You may choose to appoint your child as the ‘beneficiary’ thus ensuring that in case of your death, the proceeds will be paid to the person who is appointed as their curator, safeguarding your child’s interests. The Plan will end after the Death Benefit has been paid, or on your child’s first birthday, whichever is earlier. 

Key Features

Life Insurance for New Parents
TypeLevel term Protection
Premium FREE
Age of insured person Between 18 and 65
Period of cover 6 months to 1 year
Number of insured persons 1 or 2

Legal Information

Calamatta Cuschieri is an enrolled Tied Insurance Intermediary under the Insurance Distribution Act for MAPFRE MSV Life p.l.c. (MMSV). MMSV (C-15722) is authorised under the Insurance Business Act.  Both entities are regulated by the Malta Financial Services Authority. The Product is manufactured by MMSV and distributed by Calamatta Cuschieri.