| Maturity Benefit |
- You will be paid Kes 300,000 every year from year 6 to year 9 (Kes 1,200,000 in total)
- You will also be paid Kes1,000,000 in year 10
- Total benefit payable by the end of the policy is Kes 2,2000,000
|
| Natural Death |
- All future premiums due will be waived
- Kes1,000,000 is immediately paid to your beneficiaries
- Partial maturities of Kes 300,000 will be paid annually from year 6 to year 9 (Kes 1,200,000 in total)
- Kes 1,000,000 will be at maturity, in Year 10
- Total benefit received is Kes 3,200,000
|
| Accidental |
- All future premiums due will be waived
- Kes2,000,000 is immediately paid to your beneficiaries
- Partial maturities of Kes 300,000 will be paid annually from year 6 to year 9 (Kes 1,200,000 in total)
- Kes 1,000,000 will be at maturity, in Year 10
- Total benefit received is Kes 4,200,000
|
| Critical Illness |
- All future premiums due will be waived
- Kes500,000 is immediately paid to your beneficiaries
- Partial maturities of Kes 300,000 will be paid annually from year 6 to year 9 (Kes 1,200,000 in total)
- Kes 1,000,000 will be at maturity, in Year 10
- Total benefit received is Kes 2,700,000
|
| Permanent Total Disability (PTD) |
- All future premiums due will be waived
- Kes1,000,000 is immediately paid to your beneficiaries
- Partial maturities of Kes 300,000 will be paid annually from year 6 to year 9 (Kes 1,200,000 in total)
- Kes 1,000,000 will be at maturity, in Year 10
- Total benefit received is Kes 3,200,000
|
| Premium Discounts |
There are premium discounts based on your preferred cycle of premium payment laid out as follows: A discount of 4% for quarterly premium payments, 6% for semi-annual premium payments and 8% for annual premium payment |
| Medical Examination Lien Option |
The policy holder may opt not to undertake medical examinations, in the event you choose this option you will be subjected to waiting periods applied to payments on natural death, critical illness and permanent total disability from natural causes. An insured has the option of undertaking medical examinations at Sanlam Life Company cost and getting exempted from the waiting period applied to payments on natural death, critical illness and disability due to natural causes. |
| Free Look Period |
- If you are not satisfied after the policy has been accepted by Sanlam Life , you have 30 days within which you can cancel the policy and receive a full refund of any premiums paid
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