This policy offers good insurance cover with good returns on investment. It has got the components of both a whole life plan and endowment plan. It offers protection throughout the lifetime of the covered person. It also gives a lump sum payment at the end of the policy term. It doesn't require any kind medical test. The premiums can be paid on a monthly, per quarter or annual basis. The rate of premium depends upon age, sex of the policyholder and also on tenure of the policy.
Features:
- It provides a limited premium paying term.
- It gives complete life cover to the covered even after the person stops paying the premium.
- It gives an accidental cover up to the age of 70. The cover is double in this case.
- The policy can be surrendered after three years.
- Loans are available in this policy. That means the investor doesn't need to surrender the policy in case of a sudden need of cash.
- This policy is entitled to income tax rebate. It falls under such category.
-Bonus is available in this product.
- In case of demise, the sum assured is paid back along with the bonus.
-Additional riders can be added in this policy.
-It comes with a fixed or guaranteed surrender value.
Thus it is a unique policy. It provides good return on investment but also provides life cover throughout the lifetime of the insured even after all the premiums are paid. No policy comes with such unique set of features. And above all it comes with the seal of Life Insurance Corporation of India. So go and invest in this policy today.
Features:
- It provides a limited premium paying term.
- It gives complete life cover to the covered even after the person stops paying the premium.
- It gives an accidental cover up to the age of 70. The cover is double in this case.
- The policy can be surrendered after three years.
- Loans are available in this policy. That means the investor doesn't need to surrender the policy in case of a sudden need of cash.
- This policy is entitled to income tax rebate. It falls under such category.
-Bonus is available in this product.
- In case of demise, the sum assured is paid back along with the bonus.
-Additional riders can be added in this policy.
-It comes with a fixed or guaranteed surrender value.
Thus it is a unique policy. It provides good return on investment but also provides life cover throughout the lifetime of the insured even after all the premiums are paid. No policy comes with such unique set of features. And above all it comes with the seal of Life Insurance Corporation of India. So go and invest in this policy today.
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