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This plan is a unique concept that is offered to persons who have contracted a variety of critical illnesses the opportunity to cope financially.
NewLife Living Assurance is a combination of medical and life cover which finally answers the question:
Can I receive my life insurance proceeds while I am still alive?
That answer is yes.
The advances of modern medicine can extend the life of the critically ill, but to do so requires considerable funds. Should you develop any of the critical illnesses listed hereunder, and permanent disability, NEWLIFE living Assurance will pay the full sum assured up to $800,000 in one lump sum payment. You may use this lump sum in any life-enhancing way you wish, e.g.. wheelchair, full-time nursing, life saving operation, world cruise, set up your own business if you are no longer able to work, etc.
NEWLIFE is a flexible investment-linked life insurance policy to age 65 and is available in two options, NewLife and NewLife 2000. Using the same principle as the Lifestar series of policies, NewLife participates fully in the investment performance of the Lifestar Fund.
Newlife covers:
- Blindness
- Cancer
- Chronic Kidney Failure
- Major Organ Transplant
- Coronary Artery Bypass Surgery
- Heart Attack
- Heart Value and Structural Surgery
- Multiple Sclerosis
- Paralysis
- Stroke
- Terminal Illness
- Total Permanent Disability
