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Under Multiple Advantage Insurance:
Anticipated Endowment Plan for Periodic Money-Back Installments
Called the “MULTIPLE ADVANTAGE PLAN”, this plan can be chosen for a term of 12, 15, 20 or 25 years. Periodic money back installments as a percentage of the sum assured, are payable to you during the term of the policy on the following basis:
Policy Term | 1st Installment | 2nd Installment | 3rd & Final Installment | |
12 | 4th year 20% | 8th year 20% | 12th year 60% | & Bonus |
15 | 5th year 20% | 10th year 20% | 15th year 60% | & Bonus |
20 | 10th year 20% | 15th year 20% | 20th year 60% | & Bonus |
25 | 15th year 20% | 20th year 20% | 25th year 60% | & Bonus |
In the event of death of the life assured the full sum assured is payable regardless of the installments received earlier as per the above schedule.
Riders allowed are Waiver of Premium, Double Accident Benefit, Joint Life Cover,Level Term Benefit & Critical Illness Cover.
At KenIndia, we stand as the bedrock of trust, offering unwavering commitment to protect what matters most in the diverse landscapes of life, health, motor, and housing insurance.
