Monthly Savings Endowment Plan (With Profit)-471
The objective of this plan is to ensure financial security for you and your family through monthly small savings & risk coverage. Sum Assured with accrued bonus is paid at maturity of the policy or at unfortunate loss of life during the term of the policy.
Key features:
- Long term savings through monthly deposit of small amount of premium.
- Sum Assured plus accrued bonus at maturity.
- Financial protection for family in case of unfortunate death of the policyholder during the term of the policy.
- Loan can be taken from the policy after deposit of premium for at least two years.
At a Glance:
tr>| Category | Savings & Risk Coverage |
|---|---|
| Maturity Value | Full Sum Assured with accrued Bonus. |
| Death Benefit | Full Sum Assured with accrued Bonus till date of death during the term of the policy. |
| Paymode | Monthly. |
| Term | 12-25 years. |
| Eligibility | 18-53 years. |