Claims paid within 48 hours after receipt of claim forms duly completed together with death certificate. No waiting, no wondering. As soon as your properly completed application is received by Island Life at its Head Office, accompanied by your first premium - you're covered. After premium payments cease, the coverage remains in force in full. Once the policy is in force, it cannot be cancelled by the company.
Premiums are payable monthly or annually.
The premium or policy fee payable may be increased at anytime. Monthly premium via salary deduction or bank transfer. There is no surrender value except at the policy anniYersary when the life insured is aged 85 nearest birthday. A serious accident occurs and the hospital and medical treatment cost a lot of money - this plan will help. If you have an accident and lose an arm, leg, hand, foot etc - this plan will help.