Under Endowment Assurance the sum assured is payable in lump sum either on survival to the end of the policy term or on earlier death. However, occasions arise when policyholders need money earlier in installments at the end of specified period. In order to meet this demand of the policyholder, we have specially designed a plan named Anticipated Endowment Assurance.

According to this plan, 25% of the sum assured is payable at the end of the first 1/3rd term of the policy, another 25% at the end of 2/3rd of the policy term and the remaining 50% of the sum assured is payable at the end of the policy. For example, if the term of the policy is 21 years, then the first 25% of the sum assured will be payable at the end of 7 years, another 25% of the sum assured at the end of 14 years and the remaining 50% of the sum assured will be paid at the end of 21 years along with bonuses earned.

To provide more comprehensive risk cover, the full sum assured is payable on the death of the insured irrespective of the fact as to how many installments of the sum assured have already been paid.

This plan can be enhanced with any of the following optional riders:
Accidental Death Benefit (ADB)
Accidental Indemnity Benefit (AIB)
Family Income Benefit (FIB)
Term Insurance Rider (TIR)

Please click here to calculate estimated premium for this plan