Waiver of Premium – Total Disability is a rider that provides waiver of premium if the policy holder suffers from total permanent disability.

Providing waiver of premium if the policy holder suffers from total permanent disability

Death could hit at anytime, even when you’re doing your daily activity. Horrible accidents might cause permanent disability and hurt whenever you move. Protect yourself and your family with additional protection which can protect you when you suffer from permanent disability.

Waiver of Premium – Total Disability is a rider that provides waiver of premium if the policy holder suffers from total permanent disability.


Benefits

1. For protection product

Sun Life Financial Indonesia will waive its obligation to pay premium if the policyholder suffers from total permanent disability for 6 consecutive months before reaching the age of 60. Waiver of premium applies during payment period or until Insured reaches age 70, if the Policyholder is totally disable.

2. For insurane and investment product

Sun Life Financial Indonesia will waive its obligation to pay periodical insurance premium + periodical investment premium (maximum PIB paid 3 times PAB) if the policyholder suffers from total permanent disability for 6 consecutive months before reaching the age of 65 or 88, according to the chosen Waiver of Premium period or during premium payment period, whichever comes first.


Terms & conditions:

For protection product:

Entrance age: policy holder 18 – 55 years old

Premium payment period: referring to the basic product or until the policy holder reaches the age of 60, whichever comes first

Coverage period: during premium payment period or or until the policy holder reaches the age of 60, whichever comes first


For protection and investment product:

Entrance age: policy holder 18 – 60 years old

Premium payment period: referring to the basic product or until the policy holder reaches the age of 65, whichever comes first

Coverage period: during premium payment period or or until the policy holder reaches the age of 65, whichever comes first


This rider can be added to the following products:

Click here for detailed product information

Contact our advisor

*Indicated required field

    Are you a


    How should we contact you?