Endowment Assurance Policy Icon

Endowment Assurance Policy

Endowment Assurance Policy acts as an assurance to the policyholder and their family, irrespective of whether the policyholder passes away early or lives longer. If the policyholder survives till maturity of the policy, the Sum Assured with accumulated bonus is paid at the end of policy term. In case, if the policyholder passes away before the policy maturity, his/her family is paid the sum assured plus the accrued bonus.

BENEFITS
Protection Icon

Protection

Tax Rebate Icon

Tax Rebate

Permanent Disability Icon

Permanent Disability

Loan Eligible Icon

Loan Eligible

Sum Assured plus bonus on maturity Icon

Sum Assured plus bonus on maturity

Sum Assured plus bonus upon death Icon

Sum Assured plus bonus upon death

Eligibility Default Icon
Eligibility
  • Anyone with income
  • Entry Age: 18 – 60 years
  • Sum Assured: Minimum Nu 100,000
  • Term: 5 – 25 years
  • Surrender: After 2 years of premium payment
  • Loan: No
Benefits Default Icon
Benefits
  • Maturity Benefit of Sum Assured + Bonus
  • 50% Tax Refund
  • Policy loan available.
  • Life cover payout: Sum Assured plus Accrued Bonus on demise of the policyholder.
  • Accident benefit available
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