Premium Flexibility
The premiums become flexible from the 7th policy anniversary.You can increase or decrease the payment depending on your financial circumstances, subject to the minimum and maximum as determined by the company.
Buid-up of IPA
Premium paid, less a percentage for expenses (6% in 8th, 9th and 10th years and nil thereafter) will be credited to the IPA.Every month, the cost of insurance expences of management and administration will be deducted from IPA and investment earnings credited. This is how IPA will grow from month to month. If the amount in IPA less the applicable surrender charges is insufficiant to cover the deductions in any month, the policy will lapse unless required premiums are paid within the grace period of 31 days.
Account Value
The account value is determined as shown in this diagram.

ACCOUNT VALUE AT BEGININGS OF MONTH

DEDUCT

PROTECTION COST/ MANAGEMENT EXPENSES

DEDUCT

ANY PARTIAL WITHDRAWLS DURING THE MONTH

ADD

INVESTMENT EARNING CREDIT

Cash Withdrawal Facility
You can withdraw cash from IPA to meet your emergency financial needs without having to surrender your policy or pay interest (however, surrender charge will be deducted). IPA and the basic face amount are reduced by the amount of cash withdran.
Loan Facility
You can take a loan against the policy cash value at the rate of interest determined by the Company.Any benefit payable under the policy will be reduced by the outstanding amount of any loan and interest.

Full Surrender
The policy may be surrendered at any time.The surrender value will be the amount in IPA less surrender charge.
Surrender Charge
Surrender charge is applicable to the guaranteed dividend portion on partial surrender and full surrender in the 8th, 9th and 10th year.The rates of surrender charge in these years are 75%, 50% and 25% respectively. from the 11th year there is no surrender charge.
Optional Maturity
The policy will mature on completing its 30 years terms from the policy date. The maturity benefit will be the amount in the IPA on the maturity date.
you may elect an earlier maturity date and receive the amount in IPA on the elected date.This facility is provided to meet your changed financial needs.
Lifetime Pension
In lieu of the maturity benefit you may elect a pension to commence from an age you choose. The pension will be payable for 20 years and thereafter for lifetime.

Valuable Supplementary Benefits
You can add a variety of benefits to enhance your protection under the policy

1- Additional life cover at low cost.
2- Waiver of premium on total and permanent disability.
3- Upto 3 times of the basic face amount in case of Accidental Death.
4- Lump sum payment if diagnosed for any of the specified 9 dread diseases.
5- Income benefit to the family in the event of death or disability.
6- Payments in case of permanent and total disability.