Single Premium Endowment Plan-405
This plan is made for those who avoid payment of premium in installments and want to invest a handsome amount at a time. Premium is equal to Sum Assured & paid in advance.
- Single premium is paid in advance.
- Double the Sum Assured is paid at Maturity.
- Financial benefit for Two and a half times of the Sum Assured is paid to Nominee at unfortunate death.
At a Glance:
|Category||Investment & Risk Coverage.|
|Maturity Value||Two times of Sum Assured.|
|Death Benefit||Two and a half times of Full Sum Assured if policyholder dies during the term of the policy.|
|Paymode||Single premium paid in advance.|