Clientèle Ultimate Foundation Plan

Investment Percentage:
From the first month, 95% of the Savings Foundation premium starts accumulating an investment value.

Earnings Guarantee Benefit:
Upon an IFA’s death or total and permanent disability, a lump sum equal to 12 months’ IFA earnings, as per the month prior to the claim event, is paid. In addition, a payment equal to the last monthly earnings earned will be paid for every month 2 years thereafter.

Investment Booster:
Provided no claim or surrender has been submitted in the relevant period, for every 60 premiums paid, the first 6 months’ Life Foundation premiums will be paid into the Savings Foundation.

Premium Pay Back Benefit:
All Life Foundation premiums paid, are paid back in the event of the natural or accidental death of the policyholder after a 6 month waiting period. The Premium Pay Back Benefit is forfeited when a policy lapses and starts again after re-sale.

IFA Business Fee Pay Back Benefit:
All Business Fees paid, are paid back in the event of the natural or accidental death of the Policyholder after a 6 month waiting period. This is calculated from the commencement of the oldest Ultimate Plan and any Business Fees paid prior to the commencement of this plan are excluded. The IFA Business Fee Pay Back Benefit is forfeited when a policy lapses and starts again after re-sale. Only applicable on 1 IFA policy and should the IFA have more than 1 Ultimate policy, it will only be paid once.

Pay Back Benefits at 65 Option:
If an IFA is under the age of 50 when purchasing a Clientèle Ultimate Foundation Plan, the IFA has the option to select 50% of the Premium Pay Back and IFA Business Fee Pay Back Benefits to be paid when the Policyholder turns 65. The balance of the premiums will then be paid upon death.