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Life Insurance Company
Minimum Age (Equivalent): 20 years Maximum Age: 50 years Equivalent Age (Maximum) on Maturity: 70 years Allowable Riders: Click here for supplementary covers which can be attached with this plan. This is a joint life plan and covers lives of two partners say husband and wife simultaneously. Premiums are payable till the end of the specified term or till death of either of the insured persons, if earlier. The plan contains extensive benefits; an overview of which appears as under: On the death of the first life, the sum insured will be paid to the survivor. Further premiums under the policy will be waived, but the insurance protection of the second life will continue. Also, the policy will continue to participate in profits of the Corporation. On death of the second life, again the sum insured will be paid together with the attaching bonuses . In this event the policy will terminate. If the second life survives the term of the policy, he or she will be paid sum i...
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