Crisis Recovery Stand Alone Plan eases the financial burden of a major medical crisis and provides a benefit upon confirmation of the insured having sustained one of the crisis events covered under this plan.
At a glance:
This benefit provides:
Entry Age - 16 years to 60 years next birthday
Expiry Date - Premiums and cover cease on the life insured's 70th birthday
Maximum sum insured - $1,500,000 for those aged 16 to 55 next birthday and $1,000,000 for those aged 56 to 60 next birthday, However, AIG Life will consider $2,000,000 subject to a maximum age 50 at next birthday and financial evidence.
Minimum Premium - $250 per annum per policy including the premium for all benefits chosen, the policy fee, any premium frequency charge and any stamp duty.
Important Note: This is a general representation of the product and is to be used as a guide only. For more detailed information on the product and for specific definitions and categories please refer to the product PDS.
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