Fixed Term Assurance

Fixed Term Assurance

Term of assurance in this type of assurance is 7 years to 20 years. 

The policy pays full sum assured together with accrued bonuses, if any, at maturity date; irrespective of policyholder dying within the policy term but before the date of maturity of the policy.

Premium Payment

All premiums, shall be payable at the head office of the Insurer. The assured may pay the insurance premium based on sum assured either monthly, quarterly, semi-annualy or annually.

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