- Early Protect Accelerator is an accelerated whole life rider that provides coverage for early and intermediate stage dread diseases. We will pay the benefits if the insured is diagnosed with an early or intermediate stage specified dread disease. Any early and intermediate stage dread disease benefit payment made under this rider will form an accelerated payment, and reduce the sum assured and any bonuses of its basic policy according to the reduction in sum assured of the rider. Any future premiums, claims or cash value of the basic policy will be based on the reduced basic sum assured and bonuses.
If you succeed in claiming the early and intermediate stage dread disease benefit, the special benefit and juvenile benefit will end. You will stop making premium payments on the rider. The rider will continue to apply for the Advanced Restoration Benefit.
We will not pay this benefit if the insured suffered symptoms of, had investigations for, or was diagnosed with the disease at any time before or within 90 days from the date we issue the rider, include or increase any benefit, or reinstate the rider (whichever is latest) for major cancers, heart attack of specified severity, other serious coronary artery disease, or coronary artery by-pass surgery. Please refer to the policy contract for further details.^ - Bonus rates are not guaranteed and the benefits payable will vary according to the future performance of the Life Participating Fund.^
- You can only make a claim under the Advanced Restoration Benefit if you have previously succeeded in claiming the early and intermediate stage dread disease benefit and if your basic policy has not ended. We will pay this benefit if the insured is diagnosed with any of the advanced stage dread diseases (stroke, major cancers, and heart attack of specified severity). Once we make payment under this benefit, the rider will end.
We will not pay this benefit if the insured was diagnosed with the disease within 24 months after the date of diagnosis of any of the early or intermediate stage dread diseases. The insured must survive for at least seven days from the date of diagnosis, or after having the medical procedure, before we pay this benefit. Please refer to the policy contract for further details.^ - The minimum protection value is calculated as 125%, 180% or 350% of the sum assured before age 70, based on the basic policy selected. For VivoLife basic policy, the minimum protection value is only applicable upon death, total and permanent disability (TPD) or diagnosis of dread disease of the insured.^
- We will pay no more than $30,000 for each insured (no matter how many policies we have issued to cover each insured) for each special benefit. At most, we will pay this benefit five times, as long as each claim is not for the same special benefit as any of the earlier claims.^
- We will not pay this benefit if the insured suffered symptoms of, had investigations for, or was diagnosed with the disease any time before or within 90 days from the date we issue the rider, include or increase any benefit, or reinstate the rider (whichever is latest). The insured must survive for at least seven days from the date of diagnosis, or after having the medical procedure, before we pay this benefit.^
- We will pay no more than $30,000 for each insured (no matter how many policies we have issued to cover each insured) for each juvenile benefit. At most, we will pay this benefit five times, as long as each claim is not for the same juvenile benefit as any of the earlier claims.
We will not pay for any congenital defect or disease which has shown its signs or was diagnosed before the insured reaches the age of six for the juvenile benefit, unless the claim is for osteogenesis imperfecta, severe haemophilia, or Type I juvenile spinal amyotrophy.^
Information is correct as of 07 November 2018
Information is correct as of 09 December 2019.
