Table No.5. Whole Life With Profit/Ltd Payment Create an Estate. Attractions !!!. This plan is mainly devised to create an estate for the heir of the policyholder as it provides for payment of sum assured plus bonuses on the death of the policyholder
Whole Life With Profit/Ltd Payment
Create an Estate
Who can avail of the plan ?
Those aged between age 12 years (completed) and 60 years (nearer birthday).
The maximum age at maturity is 80 years.
Max premium ceasing age is 70 years
Min SA - Rs. 50,000/-
Max SA – No Limit (in multiples of Rs. 5000/-)
For how many years is premium payable ?
Under Table 5, premiums are payable for a period of 5 years to 55 years, depending upon the policyholders’ choice.