The Life Protector is a non-medical plan that provides a flexible approach to your life insurance needs. The plan is issued to persons between the ages 18 and 60.
Ten (10) options for life insurance coverage:
Plan 1 - $500,000
Plan 2 - $500,000
Plan 3 - $750,000
Plan 4 - $1,000,000
Plan 5 - $1,250,000
Plan 6 - $1,500,000
Plan 7 - $1,750,000
Plan 8 - $2,000,000
Plan 9 - $2,250,000
Plan 10 -$4,000,000
The maximum sum insured per life insured is $4 million.
features and benefits
Life Protector provides the following benefits:
- life insurance
- accidental dismemberment
- life insurance for dependent child(ren) up to age 18 years.
In the event that the life insured suffers loss arising from an accident, a cash benefit will be paid in accordance with the following schedule*
|Total and permanent disability||50% of the Sum Insured|
|Loss of two or more members||50% of the Sum Insured|
|Loss of one member||25% of the Sum Insured|
|Loss of thumb||10% of the Sum Insured|
|Loss of index finger||7 1/2% of the Sum Insured|
|Loss of any other finger||5% of the Sum Insured|
The total amount payable in respect of accidental dismemberment is 50% of the sum insured, however, the policy remains in force provided that premiums continue to be paid in accordance with the terms of the contractual agreement.