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WHOLE LIFE PLAN

Whole life policies, a type of permanent insurance, combine life coverage with an investment fund. Here, you're buying a policy that pays a stated, fixed amount on your death, and part of your premium goes toward building cash value from investments made by the insurance company. In this policy the risk cover throughout your life time but the premium could be paid in for as long as whole life or for a limited period or as single mode. The Sum Assured is payable only on Death either with or Without Bonus as per the Policy Condition

Cash value builds tax-deferred each year that you keep the policy, and you can borrow against the cash accumulation fund without being taxed. The amount you pay usually doesn't change throughout the life of the policy.

Unlike endowment plans they do not carry a maturity value and pay the sum assured to the family in case of the unfortunate death of the policyholder. A Whole Life Insurance plan assures that your family is protected against financial loss that could occur after your death. You can now choose from both Unit linked and Traditional Insurance Plans according to your needs.

BENEFITS:
  • Protetcion for entire life time
  • Premium does not increases with the age
  • Level Premiums
  • Builds Cash Value
  • Guaranteed Death Benefit
*May vary from insurer to insurer.

The details furnished above do not constitute the entire terms and conditions. For more details on the policy, please visit our office nearest to you. Our executives will be pleased to furnish further details.

Disclaimer: - Insurance is the subject matter of solicitation. The product brochure gives only the salient features of the plan. This document is not a contract of insurance and must be read in conjunction with the Benefit Illustration and Policy Document. The policy defines the terms and conditions within which the intent of the policy will be executed.