One or more of the following can fully satisfy your life assurance needs:

1. TERM LIFE ASSURANCE POLICY
• Used for protection only.
• Affordable even by any one in the low income bracket.
• Can be insured individually or in group.
2. ENDOWMENT LIFE ASSURANCE POLICIES
1. 10, 15, 20 . . . years endowment
• Used for protection & saving.
• Lump sum payment at the end of the policy period.
• Accumulates Cash Value after two years which can be taken either as a loan or a surrender value.
2. Anticipated Endowment
• Used for protection and saving.
• Benefit of 20%, 20% and 60% of the sum assured collected at the end of a pre-determined period.
• 100% protection at all times.
3. Education Endowment
• Used for protection and saving mainly to finance college/university education.
• Benefit of 20% at the beginning of each of the last four consecutive years preceding maturity and another 20% at the end of fourth year.
• On death of the assured parent/guardian, it pays 50% of the sum assured to the beneficiary child/children, while waiving all future premiums and pay the benefit on maturity in the manner stated above.
• Accumulates Cash Value after two years which can be taken either as a loan or a surrender value.
3. WHOLE LIFE ASSURANCE POLICY
• Used for permanent protection.
• Premium can be paid for a limited period of time or as long as the life assured lives.
• Mostly used for family protection.
• Accumulates Cash Value after two or three years which can be taken either as a loan or a surrender value.
4. SUPPLEMENTARY OR ADDITIONAL COVERS (also called RIDERS)
1. Supplementary Accident
• Covers loss of limbs/dismemberment and disability.
• Double benefit at death depending on the type of accident.
2. Waiver of premium
• Waives all future premiums for life in case of Total Permanent Disability
3. Medical Expenses Insurance
• Reimburses medical expenses incurred by the assured up to the pre-agreed limit per year.