Agreed Value / Guaranteed Renewal amends the “Fair Market Value” loss settlement to “Agreed Value”, and guarantees renewal of the Full Mortality coverage for the following 12 months upon policy expiration. If there was an injury, illness or disease during the expiring policy period, the insurance company will not reduce the Full Mortality limit at renewal, unless you request a reduction. This coverage only applies to the Full Mortality coverage part.

This coverage description is for general information only. Please refer to actual policy wordings for a full explanation of coverages.