It is a traditional - most popular form of Life Insurance plan. Provides provision for the family in the event of an early death of the insured. Also provides for a Lump Sum payment at a desired age on surviving the policy term. Suitable for all ages and all sections of people who wishes to make provision for both Life cover and Savings needs in a single product.
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Highlights
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- Comparatively Moderate Premium
- Higher Bonus
- Higher liquidity
- Savings oriented
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Key Benefits : |
- Death Benefit: Sum Assured plus accrued Bonus is paid.
- Maturity Benefit: Sum Assured plus Bonus is paid at maturity.
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Riders |
- Accident Benefit Rider, Disability Rider etc., are available on payment of additional premium for the extra covers.
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Special Features: |
- Options are available to reinvest the maturity benefit to receive Annuity payments or in any other form that suits customer needs.
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