Adaptable Term Plan
Live your lives, with a little back up.
| Covers | Flexible payments | |
|---|---|---|
| Your life Permanent and total disability Critical Illness |
Monthly, quarterly, yearly |
Here's what you get:
- Life cover - pays a cash sum if you pass away.
- Critical Illness cover - pays a cash sum if you are diagnosed with a critical illness during your policy.
- Permanent and Total Disability Cover - pays a cash sum if you suffer from a natural or accidental disability and are unable to work.
More benefits:
- Get high levels of cover - for relatively low premiums based on your circumstances
- Option to add extra benefits, including critical illness, permanent and total disability
Here's what you get starting from US$10 per month:
- Covers natural or accidental death.
- Plan term can range from 1 to 44 years.
Subscription conditions:
- The insured person must be between 21 years and 64 years of age for death benefit and 55 years of age for Permanent Total Disability and Critical Illness
- Maximum age at maturity is 65 for the basic cover and 60 for the Permanent Total Disability and Critical Illness optional cover
- The plan is subject to medical underwriting and acceptance
- The plan does not accrue a cash value at any time during the term of the plan
What is Critical Illness Cover?
It pays a cash sum if, during the cover term, the insured is first diagnosed with a specified Critical Illness that meets the policy definition.
What choices are available when setting it up?
One chooses how much Life cover, Permanent and Total Disability or Critical Illness Cover one needs and how long one wants it to last.
One can set it up on one's life so the cover is paid if, during the cover term, one dies, or is first diagnosed with a Critical Illness or Disability that meets the policy definition. Alternatively, One can set it up on two lives so the Life or Earlier Critical Illness Cover is paid if, during the cover term one of the lives assured dies or is first diagnosed with a Critical Illness or Disability that meets the policy definition, whichever happens first.
When does Critical Illness Cover pay out?
The cover will be paid if, during the cover term, the insured is first diagnosed with a Critical Illness that meets the policy definition.
Can my premiums change in the future?
The premium amount is guaranteed for the life cover throughout the term.
Do I get my money back at the end on the policy term?
No.
Cover your life for a little cost. You or the named beneficiary be paid a cash sum, in the event of death, critical illness or personal and total disability* cover with the Adaptable Term Plan.
