10/15/20/25/30 Year Endowment

Endowment policies provide insurance for a selected period and payment of the face amount at the end of the period if the insured is still living.

Endowment Policies mature at the end of the specific period chosen by you. At this time you hve the choice of various Settlement Options.

Options include withdrawal of 

  1. Amounts above $300 
  2. Interest Only
  3. Specified amounts 
  4. Income for specified periods 
  5. Annuity Payments for Life without Refund 
  6. Annuity for Fixed Period and Life 
  7. Joint and Survivor Annuity for Insured and One Other Payee

 

 

With Endowment policies you get

  • To select from periods of 10, 15, 20, 25 or 30 years or until the ages 55, 60 or 65
  • Various payment options for the Insured at the end of the chosen Endowment Period
  • Payment to beneficiaries on the death of the Insured

Who is Eligible? 

Persons from Age 18 to 70

Tell me about my Premiums

Premiums are payable until the maturity of the policy, or prior death of the individual.

What are my Payment Methods?

Premiums can be paid directly to our Cashiers or via, Salary Savings, Bankers Order Deductions or Post Dated cheques

Can I increase my cash accumulation?

Premiums are level throughout the Lifetime of the policy,once your dividends are not withdrawn your net cash value will increase.

What will happen if I cannot pay my premiums?

Should your policy have Cash value, an Automatic Premium Loan will be applied, however if it does not have Cash Value - your policy will lapse.

How would my loved ones benefit?

The Endowment Policy provides for payment of the face amount of insurance to the beneficiary or beneficiaries designated in the policy in the event of the insured's death during the Endowment period.

Subject to policy terms and conditions

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