A person is counted as a non smoker if they have not been smoking for a year or more. Anything less than that is counted as a smoker.
Start typing in your occupation, a drop down list of occupations should then appear with occupations that begin with the letters you have typed. You must select an occupation from the list.
A life Assurance policy that provides a payment on death/critical illness within a specified period of time (the term). No benefit is paid if the insured person has to make a claim outside of this term.
Provides a regular tax free monthly income for you and your dependents - from the time of the claim to the end of the plan term. Family income benefit tends to cost less than life insurance.
This option allows the Decreasing option of Indexation to be selected. The amount that you will be covering will decrease over time, which makes it perfect to protect a mortgage.
Under this policy a claim can be made upon the insured's death.
Under this policy a claim can be made upon the insured being diagnosed with a critical illness (please see the Death Cover Document which gives an in depth look at the illnesses covered).
Under this policy a claim can be made upon the insured's death or upon the insured being diagnosed with a Critical Illness (please see the Death Cover Document which gives an in depth look at the illnesses covered).
Term life insurance in which the death benefit increases periodically over the policy's term.
Term coverage in which the face value and premiums may remain unchanged from the date the policy is effective until the date the policy expires.
This allows you to select when the premium will be paid, whether it will be an annual or monthly payment.
The number of years you would like to be covered for.
This allows you to select whether you would like the quote to be driven by the benefit amount or the premium amount.
Benefit: The amount of money you will be covered for.
Premium: The amount of money you will pay each month (or year) for the cover.
This is an alternative to taking out Total Permanent Disability (TPD) cover. When you have been absent from your occupation for more than 6 months due to injury or illness and you meet the definition of Total and Permanent Disability, the insurance company will waive all your future premiums. The drop down allows you to select to have a waiver on first life, second life or joint life.
This drop down allows you to select whether the quote is going to search for reviewable rates. These tend to have a cheaper premium at the start of the policy but this premium may increase and are therefore not always guaranteed. However you can also choose guaranteed rates which means that rates are guaranteed but you may have to pay a higher premium.