This is a policy type that combines death protection and savings for a stated period of time. If the insured survives this time period, the insurance amount is paid to him.

Flexibility

• This plan offers you extra liquidity in the form of two optional early cash payouts.
• Is an ideal insurance product for people who wish to have money over a number of years to meet financial needs that are due periodically.
• The plan may be taken for terms of 15, 18, 21 or 24 years.
• The plan accumulates a cash value after the second year. You can borrow against the cash value if an emergency should arise.

Security

• At the end of each 1/3 of the term selected, you will be paid 25% of the amount of insurance bought.
• You can opt to leave the partial payout with the company to be invested for you at competitive interest rates.
• If you die at anytime during the policy term, your named beneficiary will receive the full insurance amount regardless of any partial payment made to you.

Investment Return

• The plan earns you a bonus each year which adds substantially to the death benefit or final payout at maturity.

If you are interested in such an insurance policy click here.