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What is Life Insurance?Why Life Insurance? Why Invest in Insurance?

Jeevan Anand

Plan Number: 342

Description

This plan is a combination of endowment with profit plan and deferred whole life without profit plan. It provides the pre-decided SA along with vested bonuses at the end of the premium paying term, but the risk cover on the life continues till death of the Life Assured.

Features

This is a with profit policy.
Sum Assured along with the vested bonus, if any, are payable at the end of the Premum Paying Term; maturity value.
Sum Assured along with vested bonus are payable on death of the Life Assured during the Premum Paying Term.
An amount equal to the Sum Assured is payable on death after the Premium Paying Term, free insurance cover after maturity.
Double accident benefit including permanent disability benefit is available from the age of 18 to 70 Years.

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