This is a packaged sendoff plan
for an individual and their family.
A unique sendoff package which
contains investment options and pays back some cash as a non-claim benefits
over the policy period.
- Packaged sendoff
benefit: The policy provides a packaged set of benefits payables on the passing
of any listed family members. The packages available are:
benefits plan provides the family with benefits limits of 100% for policyholder
and spouse, 50% for children and registered family dependents.
- Accidental Double
Benefit (ADB): In the event of the passing of the Policy holder or spouse as a
result of an accident, twice the selected benefit amount will be payable.
- No-Claim Cash
Back: A no-claim cash back benefit of 10% and loyalty benefit 5% totaling 15%
of total premiums (paid in the previous 60 months) will be payable every 5
years if no claim has been made in the preceding 5 years and if the policy is
still enforce and all premiums are up-to-date.
Benefit: The policy provides 5% of the benefit amount every year as Hospital
Cash Benefit if policyholder has been in hospital for 3 consecutive days.
- Investment Fund:
You have an option to set up an investment fund within the policy with monthly
contributions not exceeding K1,000. The funds will be invested and redeemed
with investment returns.
- Pre-burial and
Post-burial benefits: Pre-burial and post-burial benefits of 30% and 50% of the
benefit amount respectively can be added to the basic benefit level. The
post-burial benefit is paid out 12 months after the passing of an insured life.
This is an option selected at commencement of the Policy and will incur an
optional additional premium.
- Waiver of Premium
benefit: If the Policy-holder passes on, all future premiums are waived while
the other listed lives remain covered until the time of their passing.
- Annual Escalation:
The Policy-holder has an option to include annual benefit increment whereby
premiums can be increased annually at 5%, 10%, 15%, or 20%. The benefit will
increase at 75% of the premium increase, chosen at the commencement of the