|
MaxFamily Protector is a term insurance plan specially designed for your family protection needs. This plan not only pays a lump sum of 3 times the Annual Income Benefit ( AIB) immediately in the event of Death, Total and Permanent Disability (TPD)1 or diagnosis of any of the 30 covered Critical Illnesses (optional benefit), it also pays a level AIB from the next policy anniversary following the claim until the end of the policy term. Future premiums will also be waived.
The lump sum payout will help to meet your family’s immediate cash needs like hospital bills, liabilities, etc. While the annual stream of income will help in ensuring that your family living expenses are taken care of in the event that you are not able to provide for them.
What's more, if no claim is admitted during the policy term, a maturity benefit of 3 times the AIB is payable at the end of the policy term.
|