Renewal Bonus. Upon renewal of this Certificate (provided such renewal is continuous and the Certificate has not been allowed to lapse in any one (1) given year) the Principal Sum Covered shall be increased by 15% per year up to a maximum of 150% of the Principal Sum Covered. Renewal Bonus shall only be applicable to the following benefits: • Benefit A – Accidental Death • Benefit B – Accidental Permanent Disablement • Benefit C – Double Indemnity
Appears in 2 contracts
Sources: Consumer Takaful Contract, Consumer Takaful Contract