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| This is a non-medical critcal illness plan that is intended to provide the life insured with a living benefit lump sum payout. The amount paid can be used for any purpose. |
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Benefits |
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The sum insured less any indebtedness is payable on the first diagnosis of most forms of cancer, heart attack, coma, paralysis or major burns (for the purpose of this policy, see the defintions in the policy contract), provided that:
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- the diagnosis does not occur during the 1st 180 days of the Issue Date
- where the diagnosis occurs in the 1st 180 days of issue date, the benefit is the return of all premiums paid
- claims must be made no later than 6 months after diagnosis.
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No Claim Bonus |
| A full refund of all premiums will be paid upon the death of the life insured, provided the policy is in force and all premiums have been paid. |
| 50% of all premiums paid will be refunded on the expiry date, provided that all premiums have been paid in full. The expiry date is the 20th anniversary of the date of issue. |
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Encashment/Surrender Value |
| This policy does not accumulate cash values or surrender value. |
Termination |
| The policy will cease to be in force if any premium is outstanding for longer than 30 days. The policy also ceases on the payment of any benefit. |
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| Disclaimer: This information leaflet is not a contract of insurance. The information contained herein is intended to provide you with an overview of the Critical Illness Protector plan. Sagicor does not accept liability for the accuracy and completeness of the information provided herein and refer you to your policy contract for full details on the plan. |
