AIA Health Protector

You may cancel the insurance policy by returning it to Us within twenty-one (21) days from the date You received it. Then We will pay your premiums back to You after deducting the expenses related to Your insurance policy.

If Life Assured commits suicide (while in sound mind or otherwise) during the first year of the policy or the re-instatement;

·We will pay the premiums You have paid after deducting the expenses related to your insurance policy;

or

·Where the policy is assigned to a third party, if the third party proves that there isn’t any other way to recover the money paid for the assignment, We will make that payment to them (but not more than the amount payable upon Your death)  

We will pay only the Surrender Value, if the death of the Life Assured was a result of the Life Assured taking part or while trying to take part in any war, invasion, act of foreign enemies, hostilities or war like operations, civil war, mutiny, riot, strike, civil commotion assuming the proportions of or amounting to a popular uprising, military uprising, insurrection, rebellion, military or usurped power or any act of any person acting for any organization which works with the aim to forcibly remove any government from power by terrorism or violence.

If you do not pay your premiums on the due date You will have an additional thirty (30) days to pay your pending premiums.

After the policy begins there will be a waiting period of 3 months to enjoy the additional health coverage. For Angioplasty benefit this period will be for 12 months.

A rate declared by the Company for each year that will be used as the basis to credit dividend to the Health Fund. The Annual Dividend Rate applicable for the previous year will be declared during the first six (6) months of the current year. A Guaranteed Dividend Rate declared by the Company that will be used as the basis for any benefit calculated based on the Health Fund balance until the Annual Dividend Rate for the respective year is declared. The Guaranteed Dividend Rate for the following year will be declared during the last three (3) months of the current year.

Any time after completion of the 3rd Policy Year, a one-time withdrawal of 15% of the policy funds may be made.