FINANCIAL PLANNING AND LEGAL BENEFIT
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Upon payment of the Life Cover Benefit or Terminal Illness Benefit , We will pay an additional lump sum of $1,000 to the Policy Owner for the purposes of seeking financial planning and/or legal advice. Only one (1) Financial Planning and Legal Benefit payment per Life Assured will be made regardless of the number of additional Policies held with Us . We will pay a Parents Grieving Benefit if, during the term of this Policy : • a Child of a Life Assured dies prior to birth but after at least 24 weeks gestation, or • a Child of a Life Assured dies,
PARENTS GRIEVING BENEFIT
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subject to the following:
The amount of the Benefit is limited to: - if the Child is under ten (10) years of age we will pay one (1) Parents Grieving Benefit of $2,000 per Child under this Policy and
•
- if the Child is ten (10) years of age or older we will pay one (1) Parents Grieving Benefit of $15,000 per Life Assured under this Policy , or any other policy containing the Parents Grieving Benefit . • The Parents Grieving Benefit will not reduce the Life Assured’s Life Cover Benefit .
This Parents Grieving Benefit ceases when the Child reaches age twenty one (21).
CONVERSION OPTION
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You may at any time prior to the Life Assured reaching age sixty five (65): Convert all or part of the Life Cover Benefit from the Premium specified in Your Policy Schedule to a Level Premium structure. The Life Cover Benefit under this Policy will be reduced by the amount of insurance so converted; or Convert a Level Premium term to a further Level Premium term, of which duration may be the same or less than the current Level Premium term. We will not require You or the Life Assured to produce further medical evidence at the time of conversion. The terms and conditions of the new Policy will be those which are then offered by Us to the general public. Premiums will be calculated on the current age of the Life Assured . Any Premium loading(s) and/or exclusion(s) that applied to Your existing Life Cover Benefit will apply to Your new Life Cover Benefit . If We make future enhancements to Our Policy wordings We will pass back the enhanced benefit, feature and/or condition automatically to You . The enhanced benefit, feature and/or condition will only apply to claimable events which occur after the date We pass back the enhanced benefit, feature and/or condition to You . Any underwriting exclusion or special terms that apply to this Policy will not be altered by any enhanced benefit, feature and/or condition. This Benefit is to ensure that You are not disadvantaged as a result of the enhanced benefit, feature and/or condition. If You are inadvertently disadvantaged in anyway then the previous Policy wording will apply.
A
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GUARANTEED PASS BACK OF BENEFIT ENHANCEMENTS
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PC-LC-05/2026
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