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
- This is a with profit policy.
- Mininum Sum Assured is 50,000 and no limit for maximum Sum Assured.
- 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.
- Accident benefit and Permanent disability benefit are available as riders from the age of 18 to 70 Years.