CRITICAL ILLNESSES: A potentially life threatening illness that may require rehabilitation or lifestyle adjustments; examples include, but are not limited to, heart attacks, strokes and cancer.

CAPITAL DISABILITY (PLUS): Pays you a lump sum if you are occupationally disabled. There are two definitions of occupational disability. The benefit may be chosen to reduce your Life Cover or Renewable Life Cover in the event of a claim (known as Capital Disability). It may also be chosen to not reduce your Life Cover, Renewable Life Cover or any other benefits in the event of a claim (known as Capital Disability Plus).

CAPPED TRACKER : The Capped Tracker portfolio gives you the return on the ALSI 40 (including dividends) up to the Target Return. Investment in the Capped Tracker is a 3 year commitment.

CHILD: A natural child, a legally adopted child or the child of a spouse. The child must be nominated in the member’s policy and must be aged 18 years or younger to qualify for cover. If the child is enrolled at a tertiary institution, he or she must be aged 23 or younger to be eligible for cover.

CASH FLOW MATCH: This is a financial product that promises to make predefined payments at predefined future dates. Such payments may or may not increase in a predetermined manner (e.g. by inflation). It gives the investor certainty around the future proceeds the investors can expected to receive.