The plan offers the following choice of benefits; n Death benefit n Death or earlier critical illn...
The plan offers the following choice of benefits; n Death benefit n Death or earlier critical illness (CI) benefit n CI benefit n Disability income benefit (sickness, accident and disability) n Premium payment benefit (sickness, accident or disability) The planholder may select as many benefits as they require all within the same plan. Minimum acceptable age attained at commencement: 18 Maximum age attained at commencement for CI cover: Varies depending on the benefit selected. Minimum sum assured: Determined by the minimum premium. Maximum sum assured where CI cover is incl...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
