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Anticipated Endowment (5 Stage Payment) Insurance Plan - With Profit

Type of Plan

It is an Anticipated Endowment Plan

Term of Policy

Any of 10, 15, 20 and 25

Age of the assured at commencement of policy

Minimum 20 Years and Maximum 55 Years

Maximum Age at Maturity

70 Years

Mode of Payment

Any of Quarterly, Half Yearly and Yearly

Benefit of Plan

At Survival

1. After completion of 1/5 th, 2/5 th, 3/5 th and 4/5 th of Policy term, the Policy Holder shall get 10%, 15%, 20%, 25% of Sum Assured respectively. That means after completion of 4/5th of Policy term, the Assured shall get 70% of Sum Assured in 4th installment.

2. The rest 30% of Sum Assured shall be paid at maturity with Profit.

At Death during Policy Period

The Nominee shall get full Sum Assured at any time during Policy period, irrespective of receipt of one or more installments.

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