Single Premium Endowment Plan

  • Single Premium with Profit Endowment Plan.

  • Benefits Payable on death:

    • On death of the Life Assured on or after the Commencement of Risk: Sum Assured along with vested Simple reversionary bonuses and final additional bonus, if any, shall be payable.

    • On death of the Life Assured before the Commencement of Risk: Return of single premium excluding taxes and extra premium, if any, without interest.

  • Maturity Benefits: Sum Assured + Simple Reversionary Bonus + Final Additional Bonus.
  • Guaranteed Surrender Value:
    • 1st Year: 70% of Single Premium excluding taxes and extra premium.
    • Thereafter: 90% of Single Premium excluding taxes and extra premium.
  • Special Surrender Value: Discounted Value of sum assured and vested Simple Reversionary bonuses.
  • Loan available after completion of one year.



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