Term 10 Renewable & Convertible  

The Term 10 Renewable and Convertible plan renews every 10 years and expires at age 75. This type of product is participating however the dividends are reflected in the premium and there are no dividend options available. This product is convertible to the later of age 65 or 10 years from issue but never past age 70.

Dividend options

N/A

Bonus

N/A

Premium paying period

Premium renew every 10 years at guaranteed rates in the contract

Policy fees

N/A

Deposit load

N/A

Non-forfeiture option

N/A

Loans

N/A

Withdrawals

N/A

Cash value

No cash values

Reduced paid up

N/A

Premium offset/holiday: N/A

Premium offset/holiday

N/A

Death benefit

Basic coverage only

Reinstatement period

N/A

Convertible

Policy is convertible to age 65, however if the policy is issued in 2004 please check the contract for the conversion expiry date