Term of premium payment
Term of Insurance
Premium Payment Method
Subject to the Company's regulations
Able to purchase according to the Company's regulations
The case that the company would not cover:
- In case the insured conceals any truth or gives any false statement, the Company shall have the right to void the contract within two years from the effective date of contract or the date of last reinstatement of the policy either from lapsation or conversion.
- In case the insured commits suicide within one year from the effective date of contract or the last reinstatement of the policy either from lapsation or conversion, or being murdered by beneficiary.
- In the case the insured misstates their age and the Company can prove that the actual age on the date of contract is outside the premium limit according to the Company’s business practice.
-Only this life insurance premium is eligible for personal income tax deduction benefit according to the Notification of the Director General of the Revenue Department on Income Tax No. 172 announced on 30 December 2008.
*% of the initial sum insured