Bula Delite Continued

Built-in Benefits

These benefits are included in your policy:

Free Interim Accident Cover

While your application is being considered, a free interim accident cover equivalent to the sum insured of Bula Delite, will apply. This benefit will cease 60 days after receipt of your application or on the date the proposal is accepted, deferred, declined or expires, whichever occurs first.


Terminal Illness

Terminal Illness benefit is a partial payment of the Death Benefit. 50% of the sum insured plus declared bonuses is paid if the life insured is diagnosed to be terminally ill and has less than 6 months to live. The remaining 50% of the sum insured and declared bonuses is payable on the death of the life insured. This benefit will not apply for a life insured less than 10 years old or for any Terminal Illness declared within two years from the benefit commencement date.


Bereavement Support


Bereavement Support is a partial payment of the Death Benefit. $3,000 or 10% of the Death Benefit (whichever is lesser) is payable on the death of the life insured to help with funeral assistance. This benefit will not apply for a life insured less than 10 years old or for any bereavement support claimed within three years from the benefit commencement date.

Death Benefit


If you meet an untimely passing during the policy term, the Sum 
Insured plus declared bonuses will be payable. If the life insured is less than 10 years old, the total premiums paid for Bula Delite, plus interest compounded at a rate determined at the time of payment, will be payable.



Enhance the value of your cover with one or more of the following rider benefits:

Term Life

This benefit provides cover that is payable on the death of the life insured. This payment is in addition to the base sum insured. This benefit can be taken up by the first and/or second life insured.


Accidental Death Benefit

An additional sum insured is payable in the event the life insured dies through accidental means. This cover can be taken up by the first and/or second life insured.


Total and Permanent Disability

This benefit provides cover in the event of total and permanent disablement of the first life insured through injury or illness whereby the insured is unable to work again.


Waiver Premium for Disability

Future premiums will be waived if the waiver life is totally and permanently disabled.


Waiver Premium for Death and Disability

Future premiums will be waived if the waiver life dies or is totally and permanently disabled.


Critical Illness

This benefit provides cover for defined illnesses and/or conditions that are likely to have a serious effect on the first life insured's lifestyle.


* Waiver Life refers to person that has taken a Waiver Cover on their life.

How can I apply?

The steps to apply are very simple and easy to follow:

  1. Complete an application form with a licensed insurance advisor. Disclosure of any material facts relating to health issues is very important.

  2. If you are 50 years and over, a medical examination will be required.

  3. For personal insurance cover, a copy of a valid identification card or passport is required, together with proof of your current residential address, occupation and source of income.

  4. BSP Life will then consider your proposal and advise whether cover will be provided or further information and/or medical examination may be required.


Click here to download the Life Insurance Application form or call 132 700 to contact your BSP Life Agent. Alternatively, you can also click here to contact or visit your nearest BSP Life Sales Office.

Download Bula Delite Brochure

NOTE: Information in this web page is not legally binding. All details however are outlined in the Insurance Policy Document.

*Terms and conditions apply