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Mortgage Plan

Mortgage Plan

This is a decreasing term assurance policy intended to ensure repayment of the mortgage loan in event of death of the Life Assured before full repayment of the mortgage loan on his house.

Mortgage Plan

Entry age

21 years -59 years

Maximum Age at Maturity

65 years

Policy Term

Minimum Term: 1 year

Maximum Premium Payment Term

25 to 30 years

Minimum Annual Contribution

Rate dependent

In-built Benefits

Critical Illness and Permanent Disability

Premium Payment Frequency

Offers a flexible premium payment - monthly, quarterly, bi-annually and annually.

Other plans

Mortgage Plan

This is a decreasing term assurance policy intended to ensure repayment of the mortgage loan in event of death of the Life Assured before full repayment of the mortgage loan on his house.

Family Welfare Plan

An annual renewable term assurance that pays out the sum assured in the event of the policyholders' death.

Triple Plan

An anticipated endowment plan that pays out benefits at 1/3, 2/3 period and at the end of the policy term in the ratio of 30% (25%), 30% (25%) and 100% of the sum assured.
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