5-Year Renewable and Convertible Term Insurance gives maximum insurance protection for your premium dollar
Should you need to extend your coverage for a further five years, the premium will be adjusted according to your age at the date of renewal. A pure protection plan that you and your family will enjoy financial security for the lowest initial outlay.
Guaranteed Renewable up to Age 100
Within Reach
Guaranteed Convertibility
- Provides the most flexible benefit terms as it is guaranteed to be renewable every five years up to age 100
- can be renewed every 5 years and converted to any savings insurance plan
- Can be converted into a universal life plan or savings plan whenever it makes good sense to do so
- The right to convert without a medical examination is guaranteed before age 60
Benefit Term
If the plan is a Basic Plan:
up to age 100 of the Insured
If the plan is a supplementary benefit:
up to (1) age 100 of the Insured, or (2) the end of the premium payment term for the basic plan to which the supplementary benefit is attached, whichever is earlier.
Premium Payment Term
If the plan is a Basic Plan:
up to age 100 of the Insured
If the plan is a supplementary benefit:
up to (1) age 100 of the Insured, or (2) the end of the premium payment term for the basic plan to which the supplementary benefit is attached, whichever is earlier.
