A unique plan that takes care of both Life cover and Cash inflow at regular intervals. Unlike in Endowment plan where the benefit is payable only at the end of the term, this plan provides for periodical payments at regular intervals.
Suitable for all ages and all people who wishes to avail the maturity proceeds in the interim by way of periodical payments. Plan has number of Money Back options to suit client's needs.
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Benefits:
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- Survival Benefit - Guaranteed survival Benefits are paid at specified intervals at specified % on Sum Assured.
- Maturity Benefit - Balance of Survival Benefit at specified % plus Bonus is paid at Maturity.
- Death Benefit: Sum Assured plus accrued bonuses till that date is paid to the nominee - without deducting any Survival Benefits payments made already under this policy.
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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 |
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Accident Benefit Rider, Disability Rider etc., are available on payment of additional premium for the extra covers.
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Special Features: |
- In case of unfortunate death of Life assured during the term of the policy, the periodical payments made already under this plan are not deducted and full Sum Assured plus Bonuses is paid to the nominee.
- Bonus is also calculated on the full Sum Assured.
- Reinvestment option of periodical payments gives higher returns.
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