May 08, 2017
Whole Life Assurance
It is a unique combination of
protection and savings at a very economical premium. Death at any time before
age 85 years terminates payment of premiums and the sum insured and attached bonuses become payable. In the event the insured
survives to the policy anniversary at age 85 years, the policy matures and the
sum insured plus bonuses become payable. Under this plan the rates of bonuses
are usually much higher than the other plans and they help in increasing not
only protection but also the investment element of the policy substantially.
Click here for supplementary covers which can be attached
with this plan.
This plan is best suited for youngsters who have at initial stages of their careers and cannot afford to pay high premiums. Individuals who anticipate requirement of a lump sum in far future can also opt this plan.
This plan is best suited for youngsters who have at initial stages of their careers and cannot afford to pay high premiums. Individuals who anticipate requirement of a lump sum in far future can also opt this plan.
