Supplementary
Benefit Riders
6. Level Term Rider (LTR)
The
Level Term Rider (LTR) is attaced the policy to enhance
the life cover.
As the name suggests
the death benefit will remain the same (level) through out
the term of the policy.
The
Level Term Rider can be used to provide additional protection
during the period of greatest insurance need for a modest
extra outlay when added to the policy.
The
Level Term Rider can be taken for periods of 7, 10, and
15 or 20 years and to ages 55, 60 or 65 nearest birthday.
The minimum face amount for the Level Term Rider is Rs.100,
000/ and the maximum face amount can be up to 300% of the
Basic Face Amount.
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