Planned Income Provider
Overview
The Planned Income Provider is an anticipated Endowment policy with unique features where part of the sum assured is paid at certain intervals during the term of the policy to meet the short-term financial goals and the full sum assured together with accrued bonuses at maturity to meet long term financial goals.
Features & Benefits
- The policy pays 100% of the Sum Assured plus the accrued bonuses maturity and
- 20% of the Sum assured is paid each year starting on the 5th Year from the maturity date of the policy.
- Tax relief on premium
Applicable Riders
- Accident death benefit
- Critical Illness
- Last expense
- Inbuilt premium waiver on PTD or Death
Requirements
- Copy of ID
- KRA Pin
- Application form
Eligibility
Age 19 yrs- 54yrs
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