This is a fixed
term limited payment Endowment Policy. In case the policy
holder survives till the end of the term, he gets sum assured
plus Guaranteed Additional and Loyalty Addition.
In case he dies before the term, the nominee will get sum
assured plus the Guaranteed Addition and Loyalty Addition
depending upon the number of years the policy has run. The
important feature of this plan is that various premium paying
terms are available for a particular term. One can choose the
convenient premium paying term though the maturity term is
later than that. under this Policy, a Guaranteed Addition of
Rs 75 per thousand per year is given. Minimum sum assured is
Rs 5 lakhs. For Keyman insurance only this policy is issued.
Income Tax Benefit
Available upto 20% of Premium Paid
