Terminologies

Premium is composed of Target Premium and Excess Premium where:

Target Premium: The protection premium that the Policy Owner needs to pay, dependent on age, gender and sum insured.

Excess Premium: The savings premium that the Policy Owner can pay, over and above Target Premium. Excess Premium can be paid on a regular or one-off basis.

The proportion of premium allocated into the Policy Account Value to earn interest and build up the Policy Account Value after the Allocation Charge has been deducted.

The amount accumulated from the allocated premiums with interest, after deducting fees and charges.

The insurance charge deducted monthly from the Policy Account Value.

The policy fee for administration, deducted monthly from the Policy Account Value.

An additional amount credited into the Policy Account Value for timely payment of Target Premiums.

The investment return that Dai-ichi Life earns will be credited to the Policy Account Value. The crediting interest rate will not be lower than the minimum rate guaranteed by Dai-ichi Life.

The fees to be deducted if the entire policy is surrendered or if partial withdrawals are made.

From Policy Year 5, the policy owner can apply for a loan from the policy account value.

Up to 20% of the Sum Insured from the Basic Policy upon submission of a medical check-up report.

An additional 10% of Sum Insured for non-smokers.

The policy owner can surrender the policy at any time and receive the Policy Account Value after deducting the Surrender charge. An early surrender of the policy usually involves high costs,and the surrender value payable may be less than the total premiums paid.

From Policy Year 5, the policy owner has the right to withdraw money from the policy account value.

The policy owner will receive benefits upon survival.