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Living Endowment Policy
Product Summary
Living Endowment Policy – Product Summary
Get full coverage for 30 major illnesses plus a great return on your savings!
If you want to save regularly for long term needs, but also want comprehensive financial protection for your family, Income's Living Endowment policy is ideal for you!
You can choose to invest for 20 or 30 years, or for your policy to mature at age 55, 60 or 65.
The policy covers 30 major illnesses and pays the following benefits:
- payment of full benefits upon confirmed diagnosis of any of the 30 major illnesses.
- if no claim is made for a major illness, then full benefits are payable:
- in one lump sum on maturity, or
- in one lump sum on death before maturity, or
- in 5 annual instalments on permanent and total disability before maturity.
Example:
A male age 25 can insure himself for $30,000 to mature in 30 years for a monthly premium of $82.90.
Get full coverage for 30 major illnesses plus a great return on your savings!
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