Can I reduce my policy term/years and premium?

Once the policy starts neither premium nor policy term can be reduced.

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• How does waiver of premium work?

  It enables the policy to stay in force for the other assureds after the death of the Principal Assured without requiring payment of any premium from them until such time as the principal assured would have turned 65 years.

• Can I increase my insurance premium and coverage?

  Depending on the type of policy you have, you may be able to increase your premium and coverage within that policy or you may purchase additional policies to increase your coverage. Some of the policies do not allow you to make an increment when the ...

• Premium Payments

  Please note that much as StarLife Assurance Company has been mandated to collect premiums on behalf of our policyholders, the ultimate responsibility lies on policyholders to ensure that the agreed premiums reach StarLife Assurance as and when they ...

• Can I take the interest on my policy and leave the premiums?

  It is important that the policyholder waits till the end of the policy term to enjoy the full benefit of the policy. If in need of money, the policyholder may opt for (if allowed) a partial withdrawal or a loan.

• How does the Family Protection Plan work?

  This policy is designed to ensure the family continues to enjoy life even when the unexpected happens. It is a renewable term life assurance policy which pays out the sum assured when the event insured against happens within the terms and conditions ...