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

Harmony T100 is a Critical Illness insurance contract to age 100 with level COI paid-up at age 100.  This product is also available with two options of Refund of Premiums on Cancellation (ROP).

Harmony Permanent - Limited Pay 10 is a Critical Illness insurance contract to age 100 with level and payable COI for only 10 years.  The policyowner can cancel the contract and get a premium refund equal to a percentage of the premiums paid as of the 4 contract anniversary. The refund returns 100% of the premiums paid at the 15 policy anniversary.

Harmony Permanent - Limited Pay 20 is a Critical Illness insurance contract to age 100 with level and payable COI for 20 years.  The policyowner can cancel the contract and get a premium refund equal to a percentage of the premiums paid as of the 4 contract anniversary. The refund returns 100% of the premiums paid at the 20  policy anniversary.

Issue Ages - (Age nearest)
 

• T10: 18 to 65
• T20: 18 to 55
• T65: 18 to 55
• T65 (ROP): 18 to 50
• T75 Paid-Up: 18 to 55
• T75 Paid-Up (ROP): 18 to 55
• T100: 18 to 65
• Limited Pay 10: 18 to 60
• Limited Pay 20: 18 to 50
   

Sum Insured
 

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

Only for the T65 without ROP, an amount of insurance between $10,000 and $2,000,000 is available only if combined with a basic coverage on the same Insured's life.

Insurance Duration
 

• T10: Renewable every 10 years: expires at age 75
• T20: Renewable every 20 years: expires at age 75
• T65 and T65 (ROP):  expires at age 65
• T75 paid-up and T75 paid-up (ROP): expires at age 75
• T100: Permanent
• Limited Pay 10: Permanent
• Limited Pay 20: Permanent
  
   

End of Coverage 

At the first of the following events
 

• Expiry of protection
• Payment of a benefit
• At death of insured
• At time of total refund of premiums (on Cancellation or at Maturity)
   

Premiums
 

• T10: Increasing every 10 years
• T20: Increasing every 20 years
• 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.
• T100 = Level for the life of the contract and paid-up at age 100
• Limited Pay 10: Level and paid-up after 10 years
• Limited Pay 20: Level and paid-up after 20 years
  
   

Life Insured Options
 

• Individual
   

Conversion Privilege *
 

• T10 and T20: Convertible, without any medical evidence, from the 1 anniversary up to age 65
  
  Products available for T10 and T20 with Refund of Premiums at Death (ROPD):
   
  • EHSP,
  • T75 Paid-Up or T65 (with or without ROP - Expiry),
  • T100 with or without ROP-Cancellation (with or without ROPD),
  • Limited Pay 10 (with or without ROPD)
  • Limited Pay 20 (with or without ROPD)
    
     

Products available for T10 and T20 without Return of Premiums at Death (ROPD)**:

• T100 with or without ROP-Cancellation (without ROPD)
• Limited Pay 10 (without ROPD)
• Limited Pay 20 (without ROPD)
  
  
   
• T65 and T65 (with ROP): No
• T75 Paid-Up and T75 Paid-Up (with ROP): No
   

* Depending on the products offered by DFS at the time of conversion.

** Please take note that adding ROPD at conversion is not permitted.
  

Covered illness
 

• 25 illnesses, 4 Recovery Cash Advance Diagnosis and Treatment (RCAdv) and serious complications caused by 4 infectious diseases.
• Long-Term Care Protection: Temporary Lost of Independent Existence included on the T100 with ROP on cancellation, the Limited Pay 10 and Limited Pay 20.
   

Refund of Premiums upon Death (ROPD)
 

A refund equal to 100% of all premiums paid at death or 25% of the sum insured, whichever is highest.
 

• T10, T20, T100, Limited Pay10 and Limited Pay 20: Optional
• T65 and T75 Paid-up: Built-In
  

For T10, T20, T65, T75 and T100, the refund excludes the modal factor and is limited to the amount of insurance.

For the T100 with ROP on Cancellation, Limited Pay 10 and Limited Pay 20, the refund includes the modal factor and is not limited to the amount of insurance. 

T65 with ROP at Expiry

• A refund equal to 100% of all premiums paid at expiry
• This refund excludes the charges associated with payment frequencies (modal factor)
• The amount of insurance is limited to the amount of insurance
   

T75 Paid-Up with ROP at Expiry

• 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 (modal factor)
• The amount of the refund is limited to the amount of insurance
• The client can also receive a partial refund and maintain the insurance coverage at a reduced amount of insurance
   

Who receives the ROP or Benefit?
 
 

• CI = Policy owner
• Refund of Premiums upon Death (ROPD)  = Beneficiary
• Refund of Premiums (ROP at Expiry or on Cancellation) = Policyowner
   

Additional Benefits
 

• CPB - Children's Protection Benefit
• DisWP - Disability Waiver of Premiums
• DWP - Death Waiver of Premiums
• 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 amount of insurance, up to a maximum of $50,000
• Refund of Premiums upon Death with a minimum of 25% of the amount of insurance, if ROPD is selected
• 25% of the amount of insurance, paid as soon as possible, without any waiting period, if ROPD is selected
   

T75 Paid-Up (with ROP at Expiry)

• Flexible refund 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 of insurance.
   

T100 with ROP on Cancellation, Limited Pay 10 and Limited Pay 20

• Long-Term Care protection including the Temporary Lost of Independent Existence
• The Refund of Premiums on Cancellation available as early as the 4 policy anniversary!
• Substandard Rates reduction program
   
   

Policy Fee
 
 

• Basic coverage: $50
• Additional coverage: $25 (Limited time offer: $0 on Harmony T10 and T20)
   

Rate reduction program
 

• Harmony T100 (with ROP): eligible for the Rate reduction program
• Harmony, Limited Pay 10: eligible for the Rate reduction program
• Harmony, Limited Pay 20: eligible for the Rate reduction program
   

Assistance services

• Access to a qualified nurse who answers your questions 24/7.
• 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.
• 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.