It is a non-participating money - back plan which
promises Loyalty Additions at the end of premium paying term
Not exact matches
As the name suggests, the plan
promises guaranteed savings via
loyalty additions to boost the corpus along with providing insurance coverage
Guaranteed
Additions and
Loyalty Additions are also
promised under some plans.
Even though bonus, guaranteed
additions and
loyalty additions promise a substantial return, they are not inflation adjusted and therefore lose out on their real value