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This option is available on a Single or Joint Life basis and the
benefit is payable on the diagnosis of a specified illness or death
whichever happens first.
The term and sum to be insured are identical to the Mortgage Life
Insurance cover. If a critical Illness is diagnosed during the specified
term then the benefit will be paid out equal to the outstanding
capital amount under a standard repayment mortgage. If you have
not suffered a specified Critical illness at the end of the term
then the plan ceases and nothing is paid out.
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