Anticipated Endowment Assurance - 3 Payment Plans

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ANTICIPATED ENDOWMENT ASSURANCE - 3 PAYMENT PLANS

Under this plan policies are issued for the fixed terms of 12, 15, 18,21,24,27 and 30 years. The benefits attached to these policies would be as under:

  • 25% of the sum assured shall be paid at the end of 4,5,6,7,8,9 or 10 years from the date of commencement of policy of 12,15,18,21,24,27 or 30 years term respectively provided the assured is then surviving.

  • Another 25% of the sum assured shall be paid at the end of 8,10,12,14,16,18, or 20 years for policies of 12,15,18,21,24,27, or 30 years term respectively provided the assured is then surviving.

  • The remaining 50% of the sum assured plus accrued bonus shall be paid at the end of the term of the policy provided the assured is then surviving.

Full sum assured plus accrued bonus would be payable on death at any time within the term of the policy.

 
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