Life insurance
Future Builder Super
Level term life insurance that returns 60% of the premiums you paid if you are alive at the end of the term.
- Sold in
- Guyana
- Currency
- GYD
- Plan
- 1000
- Underwritten by
- Demerara Mutual Life Assurance Society Limited
Who it suits
Who should consider Future Builder Super
For people who want term cover but do not want to pay for years and get nothing back. The term is usually set to the number of years until your children can support themselves.
Cover
What it pays
If you die during the term, the cover amount is paid to your beneficiaries. If you are alive at the end of the term, 60% of all premiums paid is returned to you.
The plan cannot be renewed once the term ends and has no cash value before maturity. Minimum cover is GYD 1,000,000 (XCD 50,000 in the Eastern Caribbean).
At a glance
Key features
- 60% of total premiums paid returned at the end of the term
- Cover amount paid in full on death during the term
- Non-renewable level term
- No cash or surrender value before maturity
- Optional riders: waiver of premium (premiums waived after six months of total disability, to age 65) and accidental death and dismemberment (to age 65)
Choose a term
Plan options in Guyana
| Option | Cover and issue ages |
|---|---|
| FBS10 | Cover for 10 years. Issue ages 18 to 60. |
| FBS20 | Cover for 20 years. Issue ages 18 to 50. |
| FBS65 | Cover to age 65. Issue ages 18 to 55. |
Eligibility
Who can apply
Issue ages depend on the term, from 18 to 60. The plan is fully underwritten: your premium is set by your age, sex, smoking status and health when you apply.
Maintained by Life OperationsUpdated
Compare
Other life insurance plans
- Future BuilderLevel term life insurance for a fixed number of years or to a set age. There is no savings element, which keeps the premium low.Plan details
- Super Life ProtectorWhole-of-life cover with level premiums payable to age 100, a guaranteed death benefit and a guaranteed cash value.Plan details
- Limited Pay Whole of Life @60Whole-of-life cover with premiums that stop at age 60 and a small yearly payment to you from 61 to 65.Plan details
Talk to an agent
Not sure which plan fits? Ask an agent in Guyana.
Tell us what you want to cover or save for. An agent from your local office will call you back to explain the options and the cost.
Request a callback