The Living Reward Series offers a savings / life insurance combination designed to suit your changing needs. This plan offers the ultimate in flexibility.
Tatil Life will pay the sum insured plus the net accumulation at death.
The flexibility of this product also allows you to plan for your future needs, e.g. education or retirement:
- It can be used for coverage only by paying the minimum premium or the premium may be increased to provide a savings alternative, which is credited with interest monthly.
- This accumulation is available at any time to cover emergencies.
The following benefits enhance cover for a modest additional premium:
- Accidental Death
In the event of death due to an accident this benefit pays an additional amount as stated on the policy.
- Accidental Death and Dismemberment
In the event of death or dismemberment due to an accident, this benefit will pay the amount shown in the following Table of Losses and Benefits:
|Sight of both eyes||Sum Insured|
|Both hands or feet||Sum Insured|
|Sight of one eye and either a hand or foot||Sum Insured|
|One hand and one foot||Sum Insured|
|One hand or one foot or sight of one eye||One half the sum insured|
|Thumb or index finger of one hand||One quarter the sum insured|
- Total Disability Waiver of Premium
In the event of your total disability, this benefit will waive the minimum premium due to ensure your policy remains in force.
- Waiver of Premium on Death or Disability of Payor
Where the insured is a minor and the payor dies or becomes totally disabled, this benefit will waive the minimum premium due in accordance with the benefit period selected by the policyowner.
- Disability Income Rider
In the event that the insured becomes disabled, this benefit will pay a monthly income to the insured for the duration of the disability up to age 60.