Bula Secure Plus is the perfect addition to your Life Insurance portfolio

While your application is being considered, a free interim accident cover equivalent to $50,000 or the sum insured of Bula Secure (whichever is less), 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.

Bereavement Support is payable on the death of the life insured to help with funeral assistance. The amount payable is 10% of the total applicable Death Benefit. This benefit will not apply for a life insured less than 10 years old or for any bereavement support claimed within one year from the policy commencement date.

(a) If the Life Insured below the age of 10 years dies, a refund of premiums plus interest at a rate determined by BSP Life at the time of payment is paid.

b) If the Life Insured is 10 years old and above and dies through:

(i) Accidental Death on or before the policy maturity date; sum insured plus declared bonus and an additional amount of $50,000 less total survival benefits paid, policy debts and any bereavement support benefit paid.
(ii) Non-Accidental Death: • Before the first (1st) Policy Anniversary Date, where the sum insured is less than or equal to $1,000,000; a refund of premiums plus interest at a rate determined by BSP Life at the time of payment is paid. • On or after the first (1st) Policy Anniversary Date, where the sum insured is less than or equal to $1,000,000; sum insured plus declared bonus less total survival benefits paid, policy debts and any bereavement support benefit paid. • On or before the policy maturity date, where the sum insured is more than $1,000,000; sum insured plus declared bonus less total survival benefits paid, policy debts and any bereavement support benefit paid.