Harmony T65 is a Critical Illness insurance contract to age 65 with level COI. This product is also available with a Return of Premiums at maturity, T65 (with ROP).

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 also available with a Return of Premiums, T75 Paid-Up (with ROP).

Harmony ROP12 is a Critical Illness insurance contract to age 100 with level COI. The policyowner can cancel the contract and get a premium refund equals to a percentage of the premiums paid as of the 12 contract anniversary. The refund generally returns 100% of the premiums paid at the 20, 25 or 30 policy anniversary, depending on the option selected.

Issue Ages - (Age nearest)
 

• T65: 18 to 55
• T65 (ROP): 18 to 50
• T75 Paid-Up: 18 to 55
• T75 Paid-Up (ROP): 18 to 55
• ROP12: 18 to 65
   

Sum Insured
 

• Minimum: $25,000
• Maximum: $2,000,000
   

Only for the T65 without ROP, 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
 

• Fixed and guaranteed
   

Insurance Duration
 

• T65 and T65 (ROP) = Expires at age 65
• T75 paid-up and T75 paid-up (ROP) = Expires at age 75
• ROP12 = Whole Life
   

End of Coverage 

At the first of the following events
 

• Expiry of protection
• Payment of a benefit
• At death of insured
   

Premiums
 

• T65 and T65 (ROP) = Level to age 65
• T75 paid-up and T75 Paid-up (ROP) = Level and paid-up at age 65 or after 20 years, whichever occurs last.
• ROP 12 = Level for the life of the contract
   

Life Insured Options
 

• Individual
   

Conversion Privilege
 

• No
   

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

T65, T75 Paid-up, ROP12
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

Return of Premiums at Maturity  

T65 (ROP)

• A refund equal to 100% of all premiums paid at maturity
• This refund excludes the charges associated with payment frequencies
• Limited to the sum insured at the time of refund
   

T75 Paid-Up (ROP)

• A refund of the total sum of all premiums paid up to age 65 or after 20 years, whichever occurs last
• This refund excludes the charges associated with payment frequencies
• Limited to the sum insured at the time of refund
• The client can also receive a partial refund and maintain the insurance coverage at a reduced amount
   

ROP12

• A partial refund of premiums paid at the 12 policy anniversary
• The refund generally returns 100% of the premiums paid at the 20, 25 or 30 policy anniversary, depending on the option selected
• This refund excludes the charges associated with payment frequencies
• 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
 

• CPB - Children's Protection Benefit
• DisWP - Disability Waiver of Premiums
• DWP - Death Waiver of Premiums
• DI - Disability Income
• AF - Accidental Fracture
• C-AF - Children's Accidental Fracture
• Adis - Accidental Dismemberment
• C-Adis - Children's Accidental Dismemberment
• ADD - Accidental Death or Dismemberment
   

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.
   
   

T75 Paid-Up and T75 Paid-Up (ROP)

• Flexible return of premiums available at age 65 (subject to a minimum of 20 years)
• A partial refund is available as well as the flexibility to maintain a paid-up insurance coverage with reduced amount.
   

ROP12

• Return of premium is available as early as at the 12 policy anniversary!
   

Policy Fee
 

• $25 annual