Page 5 - Plans PPT 2

 Servicing Aspects

 Policy Loan

Policy holder can raise a loan on the security of the policy after the policy has acquired paid-
up value by payment of premium at least for three years from the date of commencement (two

years in case of limited premium paying terms).

 Premium Payment

Choice of flexible premium payments, either throughout the term of the policy (Full

Term Option) or for a limited term of five years.

 Paid Up value

If premium have been paid for a period of three years(two years in case of limited term)
and thereafter due to unforeseen circumstances, payment cannot be made, policy will
automatically be converted into a paid up policy for a reduced sum assured, payable on

the date of maturity or in event of unfortunate death, if earlier.