Your premium is calculated at your First Premium Payment Date based on your age, gender, smoker status, your answers to health and lifestyle questions and Benefit(s) chosen.
Generally, Life Insurance premiums increase each year as you get older. At each Policy Anniversary, your premiums are calculated based on an increase in your age, plus a 3% Automatic Sum Insured Increase which is added to your Benefit to help maintain the real value of your insurance cover. You can choose to opt-out of the Automatic Sum Insured Increase by calling or writing to Momentum Life.
Your Platinum Life Insurance Policy and cover for a Life Insured starts on the Acceptance Date. Once your application is...
From time to time your insurance needs or budget may change. You can apply to increase or decrease your Platinum Life...
You have a 30 day cooling-off period from your First Premium Payment Date to make sure this cover is...