Once your policy matures, which is 5 years after your premium payment term, you will receive
a lump sum payout equal to 50 % of the Sum Assured plus any declared Compounded Reversionary bonuses plus any Terminal Bonus, which is called the Maturity Benefit.
The limited payment term is 10 years to suit your finances and one receives guaranteed
lump sum payout equal to 55 % of the sum assured.
Offers
lump sum payout equal to 50 % of sum assured in the event of a claim plus regular monthly income till your child turns 21 years.
Not exact matches
Your nominee also has an option to take the Death Benefit as a
lump sum benefit which is
equal to outstanding monthly
payouts discounted at 6.25 % per annum compounded yearly.
Under the Aspiration option for Maturity Benefit
payout,
lump sum is paid on Maturity which is the
Sum Assured and Guaranteed Additions where the total benefit received is
equal to 125 % of the SA
Once you reach 80 years of age, you will receive another
lump sum payment
equal to 100 % of your
Sum Assured which is called Extended Cover
Payout
Death Benefit is
equal to an immediate
lump sum benefit plus Guaranteed Annual
Payouts plus Guaranteed
Sum Assured on maturity plus Bonuses are payable.