Supplementary Benefit Riders

8. Family Protection Rider (FPR)

This is a special feature issued only with policies on the life of children aged 15 years and less (i.e. juvenile policies) or on the life of females whose policies are being paid for by the husband.

The Family Protection Rider is on the life of the payer and provides that if the payor dies during the term of the rider, then all future premiums of the basic policy will be waived and paid for by the company.

The rider can be taken for death only or for death and disability. The maximum age of entry for FPR Death only is age 60 years nearest birthday and age 55 years nearest birthday for FPR Death & Disability. The maximum age of expiry is 70 years nearest birthday. The minimum term for the rider is 10 years and the maximum term is 25 years.