3 Payment Plan is a high value protection and savings product. Funds accumulated during the savings term can be utilized for children’s higher education, marriage, house purchase, generating retirement income or for any other purpose. The plan is flexible enough to respond to most individuals’ needs. It aims to deliver a substantial sum of money at the end of the savings period. The additional benefit comes in the form of life insurance cover.
3 Payment Plan is a unique Endowment Assurance as it provides an option to avail the benefit of 25% withdrawal of the Sum Assured on the completion of one-third and two-third term of the policy. This plan also provides an option for pre-determined, periodic withdrawals during the Policy. In case of death (God forbid) during the term of policy, provides a lump sum payment to the beneficiaries.