Increasing (Sum Assured) Term Policy :
In some money-back plans, a fixed percentage of the Sum Assured is paid to the insured at the end of specified periods during the term of the policy. However, not withstanding the periodical payouts, the sum assured at risk (payable on death) continues to be same during the term of the policy; that is
In some money-back plans, a fixed percentage of the Sum Assured is paid to the insured at the end of specified periods during the term of the policy. However, not withstanding the periodical payouts, the sum assured at risk (payable on death) continues to be same during the term of the policy; that is
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