EmbraceLife Insurance Plan (“the Plan”) provides enhanced lifetime protection and a comprehensive range of supplemental benefits, supplemented with non-guaranteed Annual Dividend and Terminal Dividend to ensure a future of comfort and security for you and your loved ones.
The Plan offers Death Benefit until the Insurance Age of 99. If the Life Insured should pass away before Insurance Age of 65, the beneficiary(ies) will receive a Death Benefit of up to 150% of the Sum Assured of the basic plan.
In the event of policy termination, the Plan will pay a non-guaranteed Terminal Dividend to your policy, bolstering your potential returns.
For added financial flexibility, the Plan offers a choice of premium payment periods – 5 years, 10 years or 15 years.
With preferential underwriting procedure, applying for the Plan is simple. Provided that the life insured and/or the policyholder both fulfil the application requirements of the Plan (including Insurance Age), medical examinations or health declarations are not required, making it easy for you to secure the protection you need.
Supplemental Benefits included with the basic plan: Waiver of Premium Benefit, Payor’s Benefit, Unemployment Benefit, Terminal Illness Benefit, Accidental Death Benefit and Additional Term Life Benefit.
Find details on how to submit your claim and more.
You can find all the forms and documents here for our insurance products.