Issue ages (age nearest)
Sum insured
Coverage cost
- Level and guaranteed
- Payable until the policyowner turns 60
Waiting period
Termination of coverage
- When the insured turns 60
- Upon the death of the insured
- On the termination or expiry date of the coverage
- When the main coverage on the policy is terminated or expired
Characteristics
During the first 24 months, the insured is considered totally disabled if, as a result of an illness or accident, they are:
- unable to perform the important duties of his regular occupation
- not engaged in any gainful activity
- receiving on-going medical care
After receiving benefits for 24 months, the insured will continue to receive benefits if they are:
- unable to perform a replacement occupation
- not engaged in any gainful activity
- receiving on-going medical care
