Feb 03, 2016 05:03 PM
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This is a Double Death Benefit Plan if the life safeguarded makes due till the end of the arrangement term. This arrangement has normal premium, high reward rate and extraordinary liquidity highlights.
In this arrangement, the Life Insured gets the Sum Assured+ Bonus as Maturity Benefit yet the life spread picked proceeds till his demise. Again an extra Sum Assured is paid at whatever point the Life Insured bites the dust. Along these lines this arrangement is both a blessing arrangement and an entire life arrangement.
In any case, if the life guaranteed passes on before the finishing of premium paying term, i.e. inside of the approach residency, the whole Sum Assured alongside collected Bonus is paid to the chosen one and the strategy would end.
