CHILD PROTECTION ENDOWMENT INSURANCE WITH PROFITS

This is a juvenile policy, provides coverage and maturity benefits over a wide range of terms on the life of the assured child, and at the same time, provides protection in case of the prayers death. On maturity and in case of child's survival, sum assured with occurred bonuses are paid. In the event of a child's untimely death sum assured plus occurred bonuses are paid to the prayer or nominees. In the event of the prayer's death before maturity, all future premiums will be waived and the policy will continue in force. Furthermore, a monthly income equal to 1% of the sum assured will be paid to the child till maturity. At maturity, child will receive all stated maturity benefits. This plan participates in company profits through reversionary bonuses.

Posted Time: Oct 12, 2017 01:46am

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