Endowment Plan

Regular saving through the insurance can protect you and your family for safe future.

Endowment Plan

Description

To maintain the standard of living to which you and your family are accustomed, you need sufficient money. Therefore, it’s better for you and your beloved family to be protected from financial burden of an uncertain future. Regular saving through the insurance can protect you and your family for safe future.

Benefits

Under this plan the Sum Assured with vested bonuses is payable either on the date of maturity or on earlier death.

Features

  • EntryAge 18 – 60 Yrs
  • Minumum Sum Assured Rs 50000
  • Policy Term 10Yrs to 52 Yrs ( Subject to Max Age 70Yrs)
  • This is a with profit policy.
  • The policy becomes paid up if at least three full Years premium is paid.
  • The policy can be surrendered after completion of three full Years with payment of all due premiums.
  • Loan is payable under the policy after three years to the extent of 90% of Surrender value.
  • Sum Assured along with the vested bonus, if any, are payable at the time of maturity.
  • Accident benefit and Permanent disability benefit are available as  riders from the age of 18 to 70 Years.