Key Features
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Protection for your family (Death Benefit)
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In the unfortunate event of death within the term of the policy, your beneficiary would receive: |
· Bonus (if any) + Interim Bonus (if any) + Terminal Bonus (as applicable), payable on death during the premium payment term · Guaranteed Sum Assured + Terminal Bonus(as applicable), payable on death after the premium payment term |
Cash Lump Sum In The Form Of Bonus Additions
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Eternal Life Plans offers the following benefits during the life of the policy: |
Simple Reversionary Bonuses: These bonuses are paid out on the 5th policy anniversary, on death during the premium payment term or on survival to the end of the selected premium payment term. |
Interim Bonus: In case of a death claim during the premium payment term in respect of the latest policy year for which the reversionary bonus is yet to be declared. |
Additional Terminal Bonuses: Payable only on Maturity or earlier Death, as applicable. These are available throughout the lifetime of the policy. |
Special Terminal Bonus: Payable as a lump sum cash benefit on survival by the life insured to the end of the premium payment term. |
Plan options
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Designed in two unique variants, the product has been packaged to suit different sets and needs of customers: |
Eternal Life Premier Shield - Offering a comprehensive Whole life cover till age 99 with premiums that match income and lifestyle. |
Eternal Life Classic Shield - Offering a comprehensive Whole life cover till age 99 along with guaranteed level premiums and flexible premium payment term. |
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