No Medical Critical Illness

If the insured is diagnosed with a critical illness covered by the policy and the critical illness does not result from a preexisting condition, the insurer will pay the critical illness benefit if the insured is still alive thirty (30) days after the date of diagnosis.

Amount of coverage - Minimum $5,000, maximum $100,000.
Age limit upon purchase - Available to persons 18 to 55 years old (inclusive).

ype of contract - Term 10 or 20 years depending on the option chosen by the person insured.
Renewal - Guaranteed to age 65.
Premium - This policy has premiums that change every 10 or 20 years, depending on the option selected by the policyholder. The premium is guaranteed for the selected period. At the end of the 10 or 20-year period, depending on the option selected, the premium will be adjusted to reflect the insured’s attained age, the insured’s original risk class and the premium rates applicable at that date. The new premium will also be guaranteed for a further period of 10 or 20 years.
Covered Illnesses
• Stroke (cerebrovascular accident)
• Cancer
• Coronary surgery
• Heart attack (myocardial infarction)
Please refer to the specimen document Critical Illness Insurance policy for the exact definition of the payable conditions.
Survival period - 30 days.
Moratorium Period - 90 days.
Refund of Premium on Death - Yes.
Beneficiary - The person insured unless indicated otherwise in the application.
Pre-existing Condition - A pre-existing condition of 12 or 24 months apply (varies according to the policy purchased by the Person insured).
Refund of Premium Rider (optional) - After 20 years without claim, receive a premium refund of up to 75% of total premiums paid.
Exclusions and restrictions - Please refer to the Critical Illness Insurance policy for full details.

No Medical Term Life

No Medical Disability