In case of unfortunate demise of the life insured during the policy term, Death Benefit will
be paid to the nominee. Death Benefit is the Sum Assured on death less any previously
paid Terminal Illness Benefit.
The policy shall be terminated once the Death Benefit is paid.
The Minimum Guaranteed Sum Assured on maturity is nil under this plan.
The absolute amount assured to be paid on death is the Effective Sum Assured as on the
date of death.
- Under Level Term Assurance Option, the Effective Sum Assured is the Sum Assured at
- Under Increasing Term Assurance Option, the Effective Sum Assured will increase on
every policy anniversary. The amount by which the Effective Sum Assured will increase
on every policy anniversary is the Sum Assured at inception multiplied by 5% or 10%
p.a. (simple), as chosen by you at inception
For Level Term Assurance Option, the Effective Sum Assured shall include any change in
Sum Assured arising from the exercise of the Enhanced Life Stage Protection Option.
Terminal Illness Benefit shall only be payable on the first diagnosis of any Terminal Illness
of the Life Insured during the policy term.
Please refer to the brochure for details regarding the above benefits.