Within this coverage, 50% of sum assured will be payable at the time of diagnosis of terminal illness. Remaining 50% of sum assured will be payable at the time of death provided that our group policy remains inforce with us. Following conditions will apply to this coverage:
- We will consider terminal illness diagnosed when a licensed physician patient will not survive beyond twelve (12) months as a result of any of the following conditions/illnesses:
- Heart Attack
- Coronary Artery. By-Pass Surgery
- Kidney Failure (End stage failure)
- Major Organ Transplant
- Illness must be diagnosed 90 days after the commencement of the policy. The employee covered in this policy must be survive for at least 45 days following diagnosis of the terminal illness.