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Upon death of the life assured, the reducing sum assured (RSA) as at the date of death will be payable in one lump sum.
Total and Permanent Disability (TPD)
Upon TPD of the life assured, the reducing sum assured as at the date the TPD begins will be payable in one lump sum.
The TPD coverage shall cease on the certificate monthly anniversary immediately following the life assured’s 65th birthday.
Open to all CIMB Bank Cash Plus Loan borrowers.
|Entry Age Limit of Life Assured (age as at last birthday)||
Minimum entry age: 21 years
Minimum Term: 1 year
expiry at age 65, whichever lower