Yes, there are two coverage options:
- Fixed term: You can choose an insurance coverage period that covers you up to age 65, 75 or 85, subject to a minimum insurance coverage period of 5 years.
- Renewable term: You can choose to be covered for an initial term of 10 years, which will be automatically renewed every subsequent 10 years to cover you until you turn age 85. Your policy cannot be renewed for another full 10-year term if your last policy ends when you turn age 76 or later. For renewals, the premiums due will be dependent on the premiums we are charging at the point of renewal.