Payor Premium Waiver

This supplementary product (rider) for individuals provides the insured who is the policyholder with waiver of premium in the event of death or total permanent disability, whichever occurs first. This rider can be added to the basic policy of traditional and regular premium unit-linked product. This rider can be provided if the policyholder and the insured are not the same person.

Coverage Highlights

Features and Benefits

  • This rider is applicable for the insured from 18 years old to 60 years old
  • Coverage period provided until the policyholder turns 65 years old
  • Waives payment for all future premiums (Target Premium and Scheduled Top-up Premium, if applicable) in the following events:

- Death of the insured; or,

- The insured is declared totally and permanently disabled during the insurance coverage period and the condition is sustained for at least 180 days

Information presented is not intended to be binding. Please always refer to terms and conditions in the policy.

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