Multiple Advantage

Multiple Advantage

Anticipated Endowment Plan for Periodic Money-Back Installments

Called the “MULTIPLE ADVANTAGE PLAN”, this plan can be chosen for a term of 12, 15, 20 or 25 years. Periodic money back installments as a percentage of the sum assured, are payable to you during the term of the policy on the following basis:

Policy Term

1st Installment

2nd Installment

3rd & Final Installment

12

4th year 20%

8th year 20%

12th year 60%

& Bonus

15

5th year 20%

10th year 20%

15th year 60%

& Bonus

20

10th year 20%

15th year 20%

20th year 60%

& Bonus

25

15th year 20%

20th year 20%

25th year 60%

& Bonus

 

In the event of death of the life assured the full sum assured is payable regardless of the installments received earlier as per the above schedule.

Riders allowed are Waiver of Premium, Double Accident Benefit, Joint Life Cover,Level Term Benefit & Critical Illness Cover.

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