When does my $1 a Day Life Cover start and end?

$1 a Day Life Cover starts on the date you buy a policy (known as the acceptance date). There are some waiting periods that apply during the first 5 years.

Your policy will end if one of the following things happen:

  • You cancel your policy
  • Your policy isn’t paid, so we cancel it (before age 70)
  • A claim is made for diagnosis of a terminal illness and we pay the benefit
  • You reach age 70
  • You pass away

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Are there any waiting periods on this policy?

Yes. There is a 5-year waiting period for death caused by pre-existing conditions or suicide on all $1 a Day Life...