EXPIRY OF BUSINESS INCREASE OPTION
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The Business Increase Option will expire on the earliest of the following: • The date We receive Your written request to cancel the Benefit . • The maximum increase limit for the Sum Assured has been reached for the applicable Benefit . • If You are entitled to make a claim or We have paid a claim under this Trauma Cover Benefit . • The anniversary of the Policy Commencement Date ten (10) years after the later of: • The commencement date of the Business Increase Option . • The last increase using the Business Increase Option We approved. • Non-payment of the Total Premium as set out in Period Of Assurance Section B, Clause 6. • The Policy Anniversary following the Life Assured attaining age sixty five (65). • The Life Assured’s death. If the Policy Schedule shows that You have selected a Standalone Benefit , this Benefit will be cancelled when We make payment of the Trauma Cover Benefit . If the Policy Schedule shows that You have selected an Accelerated Benefit Your Life Cover Benefit will be reduced by the amount of the Accelerated Benefit paid. Any other Accelerated Benefit on Your Policy Schedule will be reduced to the new Life Cover Benefit . If as a result of the payment of the Accelerated Benefit the Life Cover Benefit is reduced to nil the Life Cover Benefit and any remaining Accelerated Benefits on Your Policy Schedule will be terminated. If the Policy Schedule shows that You have selected an Accelerated Trauma Cover Benefit and a claim has been paid, You may effect Life Cover with Us under a Policy or Policies , without needing to provide evidence of health of the Life Assured , for a sum not exceeding the claim amount paid under the Accelerated Trauma Cover Benefit as follows: • Within 60 days of the Accelerated Trauma Cover claim payment; or • Within 60 days of the date the Benefit is eligible to be reinstated as described below: For any of the following covered conditions, the date the Benefit is eligible to be reinstated will be based on a six (6) month wait period from the date the Accelerated Trauma Cover claim was paid:
PAYMENT OF STANDALONE BENEFIT
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PAYMENT OF ACCELERATED BENEFIT
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BUYBACK LIFE COVER OPTION
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• Paraplegia, Quadriplegia, Diplegia and Hemiplegia • Parkinson’s Disease • Alzheimer’s Disease • Dementia • Blindness
BCP-TC-05/2026
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