After completion of the Deferment Period, you shall start receiving monthly income
benefit in advance as a percentage of the sum assured over the Income Benefit Period as
per the option chosen at inception.
You may choose one of the following Income Benefit Option at inception:
Level Income Benefit - Under this option, the income benefit paid will be 1% of the
Sum Assured per month and will remain fixed throughout the Income Benefit Period (IBP).
Increasing Income Benefit - Under this option, the income benefit paid will start at 1%
of the Sum Assured per month and then such amount of income benefit will increase at
5% simple p.a. afer every 12 months during the Income Benefit Period (IBP).
Please refer to product brochure for more details.