Eligible ages | |
Minimum Age: | 20 years |
Maximum Age: | 65 years |
Age (Maximum) on Maturity: | Age 85 years. |
Whole life assurance plan is combination of protection and savings with convenient payment options. The life insurance policy is best for adolescents who are initial ages of their career and can not afford to pay high installments. Individuals who anticipate requirement of a lump sum in far future can also opt this plan. The rate of bonuses under this plan is relatively higher. This significantly helps in increasing protection as well as investment elements of the life insurance policy. The policy is matured at the age of 85 years.