Waiver of Premium Benefit

Botswana Life undertakes to assume the obligation of the premiums and pay them should the payer become permanently and totally disabled or die, whilst the policy is in force. The policy will thus continue to be in force for the remainder of the term.

Please note that Waiver of Premium on death may not be attached to a policy where the payer is also the life assured.

Benefits

The benefit allows the policy to remain in force when the Premium Payer is permanently and totally disabled or dies.

Conditions

• Disablement must be for at least 6 continuous months
• Minimum age at entry is 18
• Maximum age at entry is 55
• Benefit ceases when the member is 65 attained
• When the premium waiver effects all policy updates will cease.