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This is a policy with guaranteed cash payments payable to the policy owner at regular intervals during the term of the policy. The plan is suitable for individuals who have long-term financial needs such as house purchase but also anticipate requirement for funds relatively earlier. Triplex helps in fulfilling these short-term financial needs without terminating the actual contract. This may include venturing into business.
What we offer
Offers survival benefits equal to 25% of Sum Assured on completion of 1/3rd and 2/3rd intervals of the policy term. At the end of the policy term, the remaining 50% Sum Assured, plus accrued bonuses, becomes payable.
In the unfortunate event that the Life Assured passes on during the term of the policy, the full Sum Assured plus accrued bonuses shall be payable regardless of the number of survival benefits already paid. Premiums are pre-determined at the onset and they remain fixed throughout the term of the policy.
Flexible policy term of either, 12, 15, 18, 21 or 24 years
Flexible premium payment methods
Loan – a policy holder can take a loan on the security of the policy
30-day free-look period
Accidental Death Benefit
Waiver of premium