This contract pays the guaranteed sum assured at maturity or at earlier death. Maximum age at entry is 60 years and additional fatal accident benefit of up to 100% is available.
FEATURES
- Minimum duration of 5 years
- Mode of premium payment can be monthly, quarterly, half yearly or annually
- Maximum age at entry is 55 years
- Option to choose an Additional Fatal Accident Benefit (AFAB) cover up to 100% at an extra premium
BENEFITS
- It qualifies for tax advantage
- At maturity, the targeted amount is payable
- Bonus declaration enhances the benefit
- Policy loan facility exists
- Collateral security
- Systematic saving vehicle
