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

Tax Rebate

Permanent Disability

Loan Eligible

Sum Assured plus bonus on maturity

Sum Assured plus bonus upon death

Eligibility

• Entry Age: 18 – 60 years
• Sum Assured: Minimum Nu.30,000 and maximum Nu.1,000,000.
• Term: 5 – 25 years
• Surrender: Conditions apply

Benefits

• Maturity Benefit of Sum Assured + Bonus
• Life cover payout: Sum Assured plus Accrued Bonus on demise of the policyholder.
• Policy loan available.
• Accident benefit available
• 50% Tax Refund