To whom will the benefit be paid if there is no beneficiary nominated?
From the Master of the High Court.
A Terminal Illness Benefit is automatically included with your life cover.
This benefit is payable if you are diagnosed with a terminal illness (as specified by PPS Insurance) and are likely to die within the next 12 months.
The benefit payable will be half the life cover sum assured at the time of claim.
The premiums that you are paying will be reduced accordingly in line with the remaining sum assured.
The remaining half of the life cover sum assured will be paid on death as described above.