ENSURING CONTINUOUS PREMIUM PAYMENT
ASSURANCE DURING UNFORTUNATE EVENTS
We cannot prevent unfortunate events from happening but we can ease the financial strain they cause.
A-Plus WaiverExtra ensures continuous premium payment to your Investment-Linked Insurance plan when an unfortunate event occurs. Likewise, should you as a parent, suffer from disability or critical illness, or experience loss of life, you can rest assured that the financial obligations for your children's policies are taken care of with A-Plus PayorExtra.
Shall continue your premium payment for the Investment-Linked Insurance plan of which this rider is attached to upon being disabled or diagnosed with any one of the covered critical illnesses.
Shall continue your premium payment for the child policy until the child reaches age 25 when the payor suffers from disability or is diagnosed with any one of the covered critical illnesses or experiences loss of life.
Covered Critical Illness
List of covered critical illnesses are as follows:
-Paralysis / Paraplegia
-End Stage Liver Failure
-End Stage Lung Disease
-Alzheimer’s Disease / Irreversible Organic Degenerative Brain Disorders
-End Stage Kidney Failure
-Motor Neuron Disease
-Primary Pulmonary Arterial Hypertension
-Coronary Artery By-Pass Surgery
-Other Serious Coronary Artery Disease
-Heart Valve Surgery
-Benign Brain Tumour
-Fulminant Viral Hepatitis
-Major Head Trauma
-Surgery to Aorta
-Chronic Aplastic Anemia
-Medullary Cystic Disease
-Major Organ / Bone Marrow Transplant
-Blindness / Total Loss of Sight
-Loss of Independent Existence
-Loss of Speech
-HIV Due to Blood Transfusion
-Deafness / Total Loss of Hearing
A-Plus WaiverExtraA-Plus PayorExtra
Entry Age14 days to 60 years old18 years to 60 years old
A-Plus WaiverExtra @ 100
Age 100 or the expiry of the basic plan, whichever is earlier;
Age 70 for disability coverage.
A-Plus WaiverExtra @ 70
Age 70 or the expiry of the basic plan, whichever is earlier.
Age 25 of the insured or the expiry of the basic plan, whichever is earlier.
For payor, disability coverage is up to age 70.
Premium Paying TermUp to rider’s coverage term or expiry of the basic plan, whichever is earlier