Ordinary Endowment

This contract pays the guaranteed sum assured at maturity or at earlier death. Maximum age at entry is 60 years and additional fatal accident benefit of up to 100% is available.

KEY FEATURES

Minimum duration of 5 years
Mode of premium payment can be monthly, quarterly, half yearly or annually
Maximum age at entry is 55 years
Option to choose an Additional Fatal Accident Benefit (AFAB) cover up to 100% at an extra premium

Benefits

It qualifies for tax advantage
At maturity, the targeted amount is payable
Bonus declaration enhances the benefit
Policy loan facility exist
Collateral security
Systematic saving vehicle

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