Ans: The HAYAH Simple Saver Investment Plan concludes upon the occurrence of the earliest of the following events -
If you make a full withdrawal and instruct the termination of the plan
In the event that the plan value falls below a certain threshold
When the last life assured passes away - in such a case, the Death Benefit will be payable to the nominated beneficiaries
If you choose to cancel the plan within the cooling off period (usually 30 days from the Plan Issue date), the plan will be terminated and appropriate provisions will apply for a refund of the premiums paid.