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Showing posts with label Term Assurance. Show all posts
Showing posts with label Term Assurance. Show all posts

Saturday, September 10, 2011

Bereavement Benefit upon death of the life assured due to all causes

Great SecureCare is a non-participating term plan that expires at age 80 years next birthday.

Benefits
-Bereavement Benefit
Upon death of the life assured due to all causes, the first RM5,000 of the basic sum assured will be payable upfront as bereavement benefit.
-Death Benefits
Upon death of the life assured, the basic sum assured after deducting the RM5,000 bereavement benefit (‘Balance of Basic Sum Assured”) will be payable as death benefit in one lump sum.
-Total and Permanent Disability (TPD) Benefit
Upon TPD of the life assured before 65 years next birthday, and on confirmation of continuing disability for at least 6 consecutive months.

1. Age at Entry
Minimum : 30 days old attained age
Maximum : 65 years next birthday
*Maximum expiry age is 80 years next birthday.
2. Policy Term
Minimum : 5 years
Maximum : 80 – entry age
3. Sum Assured
Minimum : RM25,000
Maximum : Subject to underwriting

Wednesday, August 31, 2011

Term Assurance with guaranteed refund of premiums

Presenting Great Prime Life, a term insurance plan designed specially to provide you with affordable life insurance coverage from as low as RM1.12* a day.

Whether you have just begun work, started a young family or a new business, it is important that you and your loved ones are adequately protected against life's uncertainties and risks. And when you are starting out, you want a simple insurance plan that offers flexibility and options to select the type of coverage and amount of protection you need.

Great Prime Life offers you the flexibility to meet your changing needs and many other value-added benefits, allowing you to enjoy life protection while you focus on realising your goals and aspirations in life.

Protection for life and Total and Permanent Disability (TPD)
The basic sum assured will be payable should death or TPD occurred.

Guaranteed 100% premium refund
The plan guarantees that 100% of the total premium paid-to-date will be refunded upon its maturity.

Premium waiver for critical illness
If you should be diagnosed with any of the 36 critical illnesses covered, all future premiums will be waived from the policy anniversary date following the occurrence of the illness.

Other benefits include:
Guaranteed premiums.
Plan conversion flexibility.
Wide choice of policy terms : 15, 20 or 25 years.
Tax benefits.


*Based on male non-smoker aged 20, 25-year term and RM50,000 sum assured.


Note: Terms and conditions apply