Product summary
This is an Endowment Assurance plan that provides financial protection against death
throughout the term of the plan. Besides payment of Sum Assured immediately on death,
one-fourth of Sum Assured is payable at the end of each of last four years of policy
term whether the life assured dies or survives the term of the policy.
Benefits on death/survival
One fourth of the sum assured is payable at the end of each of last four years of
the policy term. On death/survival all bonuses declared during the term of policy
will also be paid along with the last instalment. These benefits are payable whether
the life assured survives the policy term or dies during the term of policy. Further,
on death during the policy term, an amount equal to Sum Assured is also payable
immediately.
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