INFLATION ADJUSTED BENEFIT OPTION
6
If the Policy Schedule shows You have selected the Inflation Adjusted Benefit option the Vital Income Protection Benefit will increase on each anniversary of the Policy Commencement Date by an amount equal to the Consumer Price Index Increase for the year ended 30 September for which figures are available at the date the monthly Benefit is to be increased. You may decline any Consumer Price Index Increase . This option expires upon termination of the Policy in accordance with Clause 8 “Termination” under Section B above. This option will cease once the total maximum annual Sum Assured of $300,000 has been reached. If the Policy Schedule shows that You have selected the Level Benefit option the Vital Income Protection Benefit will remain at the amount specified in the Policy Schedule . We will pay You an extra Benefit of up to one-third of the Total Disability Benefit until expiry of the Benefit Period , if the Life Assured had been absent from any employment as a result of injury or illness for six (6) consecutive months, and is totally and irreversibly unable to perform at least two (2) of the five (5) Activities of Daily Living listed below without the standby assistance of another person. Activities Of Daily Living 1. BATHING - The ability to wash oneself either in the bath or shower or by a sponge bath. The Life Assured will be considered to be able to bathe even if the above tasks can only be performed by using equipment or adaptive devices. 2. DRESSING - The ability to put on and take off all garments and medically necessary braces or artificial limbs usually worn, and to fasten and unfasten them. The Life Assured will be considered able to dress even if the above tasks can only be performed by using modified clothing or adaptive devices such as tape fasteners or zipper pulls. 3. TOILETING - The ability to get to and from and on and off the toilet, to maintain a reasonable level of personal hygiene, and to care for clothing. The Life Assured will be considered able to toilet even if it involves the use and ability to empty a colostomy bag, and/or catheter, or an alternative means of bowel or urine elimination device, or use a commode, bedpan or urinal, and able to empty and clean it without the standby assistance of another person. 4. MOBILITY - The ability to move from place to place. The Life Assured will be considered able to move even if it requires the use of equipment including, but not limited to canes, quad canes, walkers, crutches, wheelchairs, including mechanical or motorised devices. 5. EATING - The ability to get nourishment into the body by any means once it has been prepared and made available.
LEVEL BENEFIT OPTION
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TOTAL AND PERMANENT DISABILITY BENEFIT
8
PC-VIP-05/2019
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