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PrimeLife SINGLE PAYMENT POLICY

Written By Unknown on Monday, February 9, 2015 | 4:15 PM

PrimeLife Single and Limited Payment Plan is intended to the individuals who wish to pay the premium in protuberance entirety premise and who wish to pay premium for the restricted installment.

Key Features of PrimeLife Single Payment Policy

Premium can be paid in protuberance entirety premise as a solitary installment or for the wanted period.

Upon development of approach, Sum guaranteed and vested reward will be paid.

In the event of death of the protected inside the premium paying term, subject to approach in power, Sum Assured and vested reward will be paid to the lawful beneficiary or recipient of the safeguarded.

Approach Requirements

Least Sum Assured: 50,000
Most extreme Sum Assured: As sought
Least Entry Age: 16 Years
Greatest Entry Age: 60 Years
Least Policy Term: 5 Years
Greatest Policy Term: 30 years
Least Premium Paying Terms: Single or 5 Years

Rider Benefits

Adaptability to include riders like Accidental passing advantages and perpetual aggregate incapacity if there should be an occurrence of a sad occasion of death of inability amid approach uphold period, extra advantages will be paid as secured by ADB. All future premiums will be waived and month to month advantage will be paid to the protected if there should be an occurrence of aggregate lasting inability because of mishap.
These profits (ADB, TPD & WOP) can be conceded up to the age of 70 of the protected.
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