When can my policy be turned to Paid-Up?

10-Year Premium Plan
After premiums have been paid for the 5th policy year, your policy will not be terminated due to non-payment of future premiums. Instead, your policy will become paid-up at a reduced benefit according to the table below and you will be covered for life, subject to the maximum benefits paid out.

Policy Yr	Paid-up Values
1 - 4	-
5	100
6	125
7	155
8	193
9	241
10	300

Note: above table is only applicable for 10-Year Premium Plan

For example, if the policy is terminated or has lapsed on the 6th policy year, the policy will become paid-up instead of being cancelled. In the event of a claim, instead of being covered at $300 per month, you will be covered at $100 per month for 60 months. Please note that the more premiums you pay, the higher will be the future paid-up values.

Regular Premium Plan
Depending on your entry age, your policy will not be terminated due to non-payment of future premiums. Instead, your policy will become paid-up at a reduced benefit according to the paid-up table and you will be covered for life, subject to the maximum benefits paid out.

For example, at entry age 40, if the policy is terminated or has lapsed at the 12th policy year, the policy will become paid-up instead of being cancelled. In the event of a claim, instead of being covered at $300 per month, you will be covered at $100 per month for 60 months. Please note that the longer you stay under the full coverage, the higher will be the future paid-up values.