The key feature of this scheme is you will only have to pay premium for the first half of the policy term and you will also get the maturity benefit at the end of the first half of the policy term. However, your life risk will be covered for the entire term of the policy and in case of unfortunate loss of life during the second half of the policy the beneficiaries will receive the full coverage amount as death benefit.
- Premium has to be paid only during the first half of the policy term.
- Sum assured plus accrued bonus at the end of the first half of the policy term.
- If the policy holder dies during the first half of the policy term, Sum assured plus accrued bonus till the date of death will be paid.
- If the policy holder dies during the second half of the policy term, Sum assured will be paid on top of maturity benefit that’s been already paid at the end of first half of the policy term.
Flexible Payment Option
At a Glance:
|Maturity Value||Sum Assured+ Accrued Bonus payable at the end of first half of policy term|
|Death Benefit during First Half of Policy Term||Sum Assured + Accrued Bonus till date of death|
|Death Benefit during Second Half of Policy Term||Sum Assured|
|Premium payment mode||Yearly, Half-Yearly, Quarterly & Monthly|
|Term||10 or 20 or 30 or 40 years|
|Supplementary||ADB – Accidental Death Benefit
PDAB – Permanent Disability and Accidental Benefit
HI – Hospitalization Insurance
MDB – Major Disease Benefit
To learn more please contact:
Delta Life Insurance Co. Ltd
Phone: 55051019, 09613 666 000
Customer Care: 09613 666 999