The Premium Waiver rider is a supplementary add-on with special benefits. Under this policy, Chubb will undertake all remaining premium obligations for your main and rider policies on your behalf if the insured event should occur.
Coverage Highlights
- While the policy is in force, if the Insured dies or suffers Total and Permanent Disability (TPD) before reaching the age of 60, Chubb Life will waive the remaining premiums for the main policy, this Premium Waiver rider and any other riders (if any) for the Policyholder as from the date of death or TPD of the Insured. This is a non-participating and without-cash-value product.
- Insured can be the Policyholder or a person who has a marital, blood or adoptive relationship with the Policyholder
- Entry age: 18 to 55 years
- Payment frequency: in accordance with the main policy (quarterly, half-yearly and yearly)
- Inclusion: Universal Life variants including Pre-eminent Option, Universal Option, Family Package Option A1, Family Package Option A2, Family Package Option BII; Level Term 10/15/20 years, Whole Life with Premium Payable up to age 55/60/65
Premium Waiver
Please see full details of the BBQ and Policy Wordings as below:
This document provides basic information about the product(s). Please contact Chubb Life Sales Team or hotline on (84.8) 38 27 8123 for more details.
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