Term Life

By Question Type

Key considerations after purchasing Bowtie Term Life Insurance and the “Last Wish Rider”?

Why does Bowtie ask about my total life insurance coverage and income during the underwriting process?

Why are financial underwriting and bodycheck required while buying additional sum insured? And how’s the whole process?

If I would like to cancel my policy, what are the procedures?

Can I cancel the "Last Wish Rider" while keeping my life insurance policy?

How do I submit my ‘Message to Loved Ones’?

Is leaving a ‘Message to Loved Ones’ mandatory?

How will Bowtie relay my ‘Message to Loved Ones’ to my beneficiary?

How does Bowtie secure the storage of 'Messages for Loved Ones' messages and files, as well as to ensure absolute privacy for clients?

Will Bowtie store my 'Message to Loved Ones' message and files permanently?

If the policy beneficiary has been changed, how will the old messages be handled?

How do I review, update, and delete the 'Message for Loved Ones' for my policy beneficiaries?

As a beneficiary, how do I file a claim for my family member's/loved one's Bowtie Term Life Insurance policy?

Is there a time limit in claiming a life insurance?

How long does it typically take to receive a payout?

If the insured person passes away, how will the beneficiary ensured to receive the payout?

What happens if the beneficiary and the insured person pass away simultaneously? How do I file a claim?

What if there is no designated beneficiary?

Why are the extra premiums (loadings) and exclusions different for my Bowtie Term Life Insurance policy and the "Last Wish Rider"?

Will the premium for the 'Last Wish Rider' be adjusted based on any extra premiums (loadings) or exclusions applied to my Bowtie Term Life Insurance policy?