Softlogic Life Legacy Plan

Softlogic life Legacy Plan is a product that covers the entire life span of the insured. It has several attractive features which cater to almost all Life Insurance needs (protection) of a person to in line with different levels of coverage required for the different stages in your life. Further to the above we provide the maximum possible returns on your investments (savings) based on actual return on investments of the company.

• Policy Term is 100 years less age at entry.
• Premium types are Regular & Single.
• 30 Days grace period is allowed for the payment of regular premiums.
• Inflation guard as 5%, 7.5% or 10%

• For regular premium policies, 25% of the fund can be withdrawn every 3 years, provided that the policy was in-force the first 3 years and that the policy is within the payment term. 
• After the payment term, 25% of the fund can be withdrawn for a maximum of two times, and these withdrawals should have a minimum gap of 3 years. 
• For single premium policies, 25% of the fund can be withdrawn for a maximum of two times, provided that the policy was in-force the first 3 years and the withdrawals should have a minimum gap of 3 years.

• Minimum age at entry 18 years (Nearest B day).
• Maximum age at entry 70 years (Nearest B day) 
• Cover ceasing age 100. (Exact Age) – Base cover only.

• Additional Life Benefit 
• Accidental Death benefit
• Spouse Cover
• Hospitalization Benefit
• Overseas Health Reimbursement Cover
• Premium Health Benefit
• Family Income Benefit on Death
• Family Income Benefit on Death or TPD (Accident & Sickness)
• Critical Illness super cover
• Critical Illness Term Benefit
• Waiver of Premium on the rider cover in case of Total Permanent Disablement due to accident or Sickness.