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It is a 3 in 1 program that has long-term healthcare, life insurance and mutual fund investment. This is an HMO with a Health Savings Account. It has a fixed premium, usually 7 years, which matures in 20 years.
This is an HMO with a Health Savings Account. It has a fixed premium program, usually 7 years, which matures in 20 years. It comes with a 4-way insurance coverage together with the longterm healthcare plan. Renewal is guaranteed and all unused health fund accumulates with interest. It may cover beyond age 60 with longterm care growth.
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• Long Term Care Benefits
A guaranteed benefit which you can use after 20years, whatever sickness you have or you can also use it at age 60 onwards
• Yearly Health Benefits
A 10% yearly accumulation based on the long term care benefit starting at the end of 7th year up to the 20th year.
• Long Term Care Bonus
If no claim was made during the accumulation period, 85% of premiums paid will be given back end of the 20th year, making it COST FREE
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• Cost Free Health Benefits
With Return of Premiums for Non-Utilization
• Accumulation of unused yearly health benefits and bonus
All unused yearly healthy benefits and yearly health bonus accumulates with interest.
• Term Life Insurance Coverage
If the policy owner dies during the paying and accumulation period the beneficiary will receive an amount equal to the sum of Long-Term care benefit and Long-Term Care Bonus.
• Accidental Death & Dismemberment
If the policy owner dies due to an accident or suffers from dismemberment of both hands, both feet or loss of sight in both eyes (or any combination thereof) and is below the age of 70 during the paying and accumulation period, he or she will receive additional of 100% of the Long Term Care Benefit plus long term cares bonus.
• Waiver of Installment Due to Death/Credit Life
If the policy owner dies during the accumulation period, the balance of premiums is waived, rendering the plan fully paid.
• Waiver of Installment & Premiums Due to Total and Permanent Disability
If the policy owner becomes totally and permanently disabled for a period of at least six months (not exceeding the maximum age of 70 years old during the accumulation period, all the succeeding payments will be waived.
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