What is SUD Life Century Plus Plan?

A grace period of 30 days is available to pay the due premium. This period starts from the due date of each premium payment. In case of death during grace period, the Death Benefit under the policy will be payable after deductions of the premium then due. However, if you fail to pay your premium before the expiry of the grace period: • Where your policy has not acquired Surrender Value: Your policy will Lapse. • Where your policy has acquired Surrender Value: Your policy will continue with reduced benefits (as a Reduced Paid-Up policy). • Your life cover will continue during the grace period. If death occurs during the grace period, the death benefit under the policy will be paid after the deductions of premiums then due and all premiums falling due and unpaid during the policy year of death