1. If there is an increase in premium due to an addition of the Basic Plan’s Sum Insured, the allocation of the additional premium apportioned to the Insurance Component shall be calculated based on the Sum Insured (SI) Factor applicable at the time of the increase in premium. The SI Factor for the additional premium shall be based on the Insured’s attained age. In the event the addition of the Sum Insured does not require an increase in premium, the existing SI Factor shall be applicable.
2. If there is a decrease in the Sum Insured/Amount of Benefit of the Basic Plan or Rider (including downgrade of a medical / hospital income rider) after the new Sum Insured / Amount of Benefit is approved, the corresponding amount of Sum Insured / Amount of Benefit shall be reduced from the most recent added Basic Sum Insured or Rider (which provides a similar coverage).
3. A waiting period is applicable if A-Life Med Regular/ A-Life Med Regular and A-Plus MedBooster is reinstated before this upgrade within the number of days as specified in the Supplementary Contract Endorsement. Please refer to the Supplementary Contract Endorsement for detailed terms and conditions.