Insurance

Protecting yourself, your family and your business can make a real difference to your life and those you care about, both today and in the future. We are specialists in providing solutions to meet exceptional insurance needs.

The correct insurance is fundamental. It may not be the most exciting of subjects, but it answers one of our most basic desires, to keep safe all that we hold dear.

At Dover Street Capital, we offer a range of insurance to our clients, from term assurance to whole of life. We also provide medical insurance and critical illness as well to make sure that all our clients are protected and families looked after in any eventuality.

So why do you need life insurance?

Life insurance offers peace of mind by ensuring that your loved ones will be taken care of in the event of your untimely death. Plus, payouts are tax-free.

Is my policy through work enough?

Most people think that life insurance through your employer is cover enough. we argue in most cases it is not, this is because of several reasons, one it is not portable, so it won’t come with you if you leave the job. Also, the amount is often not enough to meet people’s protection needs. In countries such as Russia, Turkey and those in the CIS, life insurance provisions are minimal, if at all. So relying on your employers is a risk you and your family should not take. 

Why should I get coverage now?

If you put life insurance in place when you are young, the rates tend to be cheaper as they increase with age, meaning you lock in a lower rate.

What is term life insurance?

“Term” refers the length of coverage that you choose. If you pass away during the term (usually 10, 20 or 30 years), your beneficiaries receive a cash payout. This means that your family will have the cover in place to either pay for their retirement, lifestyle or your children’s education. 

Why is term life a good option?

With term life insurance, you’re only paying for the years where the need is greatest (when your kids are younger or in university), and it is usually the most affordable type of insurance.

Are there other types of life insurance besides term?

There are other types of insurance for people seeking life-long coverage or with an investment element attached, but these types tend to be more expensive.

How much do I need?

This depends on what you want to leave when you’re gone. There are two common methods for calculating the amount of life insurance you need: lump sum and income replacement. At Dover Street Capital, we make sure that our clients have the level of cover required to achieve their goals and we work with them to calculate the cover that is most suitable for them.