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Technical Factsheet T100
Whole of Life Assurance
1
PRODUCT
T100 ASSURANCE
Description
Whole of Life - Death By Any Cause
Lives Assured
Own Life
Life Of Another
Joint Life Second Death
Policy Owners
Individuals (single or joint), Companies and Trustees
Minimum age at entry
18 years
Maximum age at entry
65 years
Policy and Payment Details
Premium Options and Frequency
Annual or Monthly
Frequency premium loads
•
Monthly - 5%
Payment Term
Premiums are paid up to age 100
Policy Currency
USD, GBP, EURO
The choice of policy currency automatically determines the currency
in which the benefits will be stated and paid.
Premium Currency
The premiums must be paid in the policy currency
Minimum Premium Payments
•
US$50 or the GBP/EURO equivalent
(Applies to Annual & Monthly premiums)
Payment Methods
•
Standing Order (GBP or EURO Only)
•
Credit Card
•
Telegraphic Transfer
•
Bankers Draft
For premiums paid monthly the credit card or standing order payment method
must be used. Premiums must be paid directly to UNILIFEGLOBAL Ltd.
Premium Alterations
Changes to the payment method can be made at any time upon request.
Benefits
Whole of Life Assurance
Benefit provides a lump sum payment of the selected sum insured to a nominated
beneficiary in the event of death by any cause.
Or
Benefit provides a lump sum payment of the selected sum insured to the
policyholder at age 100 upon request.
The quoted premium is guaranteed not to change throughout the policy term.
