Sentences with phrase «whole life assurance policy»

Not exact matches

A convertible term plan a saving cum insurance plan which allows the insured to switch later to an endowment policy or a whole life assurance plan.

Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.

These policies could be availed by people who find it difficult to pay a lump sum amount for endowment assurance policy or whole life policy.