Surex Term Life insurance offers coverage for a fixed period of time, for a certain
number of years, for example, 15, 20 or 25 years or up to a given age. It would pay a
cash benefit from $10,000 up to $100,000 or more depending on your coverage if you
were to pass away or are diagnosed with a Terminal Illness during this period. This may
help your loved ones with final expenses such as funeral costs or repaying debt.
Plus, Surex Term Life Cover comes with a guaranteed cash payout when your cover
expires, and the Life Insurance Benefit ends. This means:

• Your protection continues for another ten years with our Final Expenses
  Benefit. This benefit is equal to 20% of your Life Insurance Benefit and is at
  no additional cost to you.
• After this time (or if you pass away during this time), you or your family will
  receive your Final Expenses Benefit in Permanent life insurance.
• Or, for greater flexibility, at any time during this 10-year period, you can
  choose to cash out half of the Final Expenses Benefit and end your Policy

What’s covered?

Surex Term Life Cover provides a benefit to you or your loved ones if you were to pass
away or were diagnosed with a Terminal Illness (after holding your policy for 12
months), so your loved ones will be in good hands if life doesn’t go as planned. With
Term Life Cover (during the Term Cover period):

• You can choose the cover amount – from $10,000 up to $100,000
• If death is accidental, your benefit amount triples to a maximum of $300,000
• Your family may receive an advance funeral benefit to help cover your
  funeral costs while the claim is being assessed