This scheme provides for slow accumulation of funds, as well as payouts of partial benefits during the term of the policy. The payment periods are flexible, i.e., monthly, quarterly, semi-annual or annual payments, which helps when saving with a goal in mind. At certain intervals during the policy’s term, part of the policy accumulated benefits is paid out to the policy owner. At the end of the policy term, the remaining accumulated benefits are paid to the policy owner as a lump-sum, together with the accrued bonuses.
Why get the Anticipated Endowment Plan?
- The product further offers life cover which is payable in the event of death at any time during the term of the policy
- The product is flexible and can be used to save for long term and short-term goals
Flexible investment options
Accident and disability cover
Partial maturity payouts