Personal Insurance :: Life Protection Plan Benefits

The standard cover provides for benefit payments if you die or are diagnosed with a terminal illness. Also the benefit amount can be increased so that when a claim is made the real value of the cover is retained. In addition; however, you have access to a number of optional benefits.

• Premium Relief Option - offers premium waiver for the Life Protection Plan if you are disabled for longer than three months.
• Guaranteed Personal Insurability Benefit - enables you to increase the Life Protection Plan benefit amount if a listed personal event occurs.
• Guaranteed Business Insurability Benefit - enables you to increase the Life Protection Plan benefit amount if a listed business event occurs.
• Total and Permanent Disability Benefit (TPD) - either linked to the Life Protection Plan or on a stand-alone basis, provides a benefit if you become totally and permanently disabled, as defined in the policy conditions.
• Death Buy-Back on TPD - enables you to buy back your death cover 12 months after a TPD claim has been paid.
• Financial Planning Benefit - covers the cost of financial planning.
• Accommodation Benefit - covers the cost of accommodation for family members.