A Whole of Life Insurance provides coverage for your entire life with guaranteed premiums, a cash value component, and death benefit.
Our Platinum Protector is a participating Whole of Life Insurance Policy, which pays a dividend on an annual basis after the first two years. Other features of our Platinum Protector:
- Coverage remains in force for your entire life once the premiums are paid.
- Premiums are guaranteed to remain the same for the life of the policy regardless of your age or health.
- A cash value is generated from a portion of the premiums paid after the first two years and will grow each year. Your cash value can be accessed when you need it most by way of a withdrawal or loan.
- Death benefit is guaranteed. Your beneficiaries will receive at minimum, the face value (Sum Assured) of the policy, assuming that the premiums are paid on time and there are no outstanding loans.
You have the option of customising your Platinum Protector Policy by purchasing the following add-ons known as riders.
- Total Disability
- Accidental Death and Dismemberment