Death Benefit In the event of death of the life assured due to any cause other than excluded risk, the reducing sum assured as at the date of death will be payable.
Together, we foresee that this partnership will help us create significant lasting value for our customers and key stakeholders," said CIMB Niaga President Director Lani Darmawan.
If the premium is not paid within the 30 days of grace period from the premium due date and if the policy has acquired sufficient cash value, the policy will continue to be in force under automatic premium loan condition.