| Harmony - Product Description - UL |
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Harmony T65 is a Critical Illness insurance contract to age 65 with level COI. It is a component of the PACE platform and paid with the accumulation fund. Harmony+ must be joined with a Life insurance coverage of equal or higher value, on the same insured.
Harmony T75 Paid-Up is a Critical Illness insurance contract to age 75 with level COI paid up at age 65 (or after 20 years, whichever is later). It is a component of the PACE platform and paid with the accumulation fund. Harmony must be joined with a Life insurance coverage of equal or higher value, on the same insured.
Issue Ages - (Age nearest)
- T65: 18 to 55
- T75 Paid-Up: 18 to 55
Sum Insured
- Minimum: $25,000
- Maximum: $2,000,000
Only for the T65, a sum insured between $10,000 and $2,000,000 is available only if combined with a basic coverage on the same Insured's life.
Coverage
Insurance Duration
- T65 = Expires at age 65
- T75 paid-up = Expires at age 75
End of Coverage
At the first of the following events
- Expiry of protection
- Payment of a benefit
- At death of insured
Cost of Insurance
- T65 = Level to age 65
- T75 paid-up = Level and Paid-up at age 65 or after 20 years, whichever occurs last.
Life Insured Options
Conversion Privilege
Covered illness
- 25 illnesses, 4 Recovery Cash Advance Diagnosis and Treatment (RCAdv) and Serious Complications caused by 4 Infectious Diseases.
Return of Premiums at Death
- A refund equal to 100% of all premiums paid at death or 25% of the sum insured, whichever is highest.
- Limited to the sum insured at the time of refund
Who receives the ROP or Benefit?
- CI = Policy owner
- ROP - Death = Beneficiary
- ROP - Maturity = Policyowner
Additional Benefits
Competitive Advantage
- Serious Complication caused by 4 Infectious Diseases (10% of the sum insured, maximum $25,000) + 25 serious illnesses
- Recovery cash Advanced - pays 10% of the sum insured, up to a maximum of $50,000
- Return of Premium at Death with a minimum of 25% of the sum insured
- 25% of the sum insured, paid as soon as possible, without any waiting period.
Assistance services
Legal Assistance
A direct phone service provided by a lawyer who helps you find answers to the legal concerns you may have.
Prompt recovery
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Access to a qualified nurse who answers your questions 24/7.
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If you are diagnosed with a critical illness; a nurse will provide guidance and support in the management of your activities so that you can receive treatment and speed up your recovery in the best possible conditions. The nurse can refer your clients to a psychologist, who can help them cope with their illness by offering up to three hours of free consultation.
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Your clients will also have access to Best Doctors to help them get a second medical opinion to confirm the diagnosis and the best medical advice for their diagnosis.
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