Deferred Annuity (Annual Payments) :
Plans are recommended for young persons. The premium is paid during the deferment period and annuities start at the end of the deferment period. The premiums are returned to the nominee/heirs if the policyholder dies during the de-ferment period along with interest. These policies come with an op-tion to convert the policy for a reduced paid up amount or receive cash based on the Surrender Value, in case insured is unable to meet future premium payments
Plans are recommended for young persons. The premium is paid during the deferment period and annuities start at the end of the deferment period. The premiums are returned to the nominee/heirs if the policyholder dies during the de-ferment period along with interest. These policies come with an op-tion to convert the policy for a reduced paid up amount or receive cash based on the Surrender Value, in case insured is unable to meet future premium payments
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