Risk Benefit

Mortgage Endowment Waiver of Premium1.00

 
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  1. Description    
  2. Components    
  3. Fields    
  4. See also    

Description

 Mortgage Endowment Waiver of Premium: This benefit covers the policy premium to an amount equal to its own sum assured (this would usually be the full policy premium). The benefit is charged as an age-related percentage of the Waiver Sum Assured

 

Components

 

Fields

Risk TypeMortgage Endowment Waiver of Premium
Version1.00
Payment ModeMonthly
Calculation of BenefitSum Assured
Benefit VariationNone
Benefit in Claim VariationNone
Term of RiskTerm of Attached Element
Term Years0
Single LifeTrue
Joint-Life First DeathTrue
Joint-Life Second DeathTrue
Other Multiple Life[None]
Category of RiskLife
Relationship to other elements[None]
Claim Rules Type[None]
Underwriting Type[None]
Risk Charging Type[None]

 

See Also

 
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