Life Shield Premier

The Benefits

• Death benefit will be equal to the face amount plus the cash surrender value of the policy
• Increasing value provides a hedge against inflation
• Premiums are level and are guaranteed for life 
• Minimum amount of cover with Life Shield Premier will be $10,000

How It Works

 

Life Shield Premier is a life insurance policy that features a savings element, which means the amount payable increases in value over time, producing a greater lump sum upon death. As well as being an efficient, low cost, life protection policy Life Shield Premier provides a hedge against inflation protecting the value of your contributions. The added reassurance of knowing that the value of the money your loved ones will receive in the event of your death will not have been eroded is a valuable asset.

If you suffer a terminal illness, BAF will pay the lump sum benefit early on request. If you are diagnosed to be suffering from an illness that will result in your death within 12 months of the expiry of your policy, you may request that your policy benefits are paid early.

Unlike many such plans, Life Shield Premier will also build modest cash value, after the first two years. Should your circumstances change and you decide to surrender your policy, there will be cash equity available to you.

Options

 

• Accidental death and waiver of premium benefits 
• A living benefits rider will be added to your plan FREE of charge

Your Commitment

 

You agree to pay a regular monthly payment (this can be paid automatically) for a specified number of years. The premium you will pay and your benefits are guaranteed to be the same throughout the life of the policy as long as you continue to pay your premiums.

For more detailed information about this insurance product and others in the NEW BAF Lifestyles Series, please contact  your BAF Lifestyles Agent.