During first 3 years of the inception of the policy: If premiums have not been paid for at least three consecutive years from inception, the Policy will continue to participate in the performance of Unit Funds chosen by you.
You may revive the Policy by re-commencing the premium payment within the Revival Period from the date of first unpaid premium or before the Maturity Date of the Policy whichever is earlier.
In the event the Policy is not revived during Revival Period, the Policy shall be terminated and the Surrender Value, if any, shall be paid at the end of the period allowed for revival.
After paying of at least three full years premiums: If premiums have been paid for at least three consecutive years and subsequent premiums are unpaid, the Policy will continue to participate in the performance of the Unit Funds chosen by you.
You may revive the Policy by re-commencing the premium payment within a period of three years from the date of first unpaid premium or before the maturity date of the Policy, whichever is earlier. At the end of the allowed period for revival, if the Policy is not revived, the Policy shall be terminated by paying the Surrender Value.
If at any time, the Fund Value reaches an amount equivalent to one full year’s premium, the Policy shall be terminated by paying the Fund Value.
RevivalYou may revive a Policy by recommencing the payment of premiums at any time within a period of three years from the due date of first unpaid premium but before the maturity date of the Policy.
What if I want to discontinue paying premium?
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