Anticipated Endowment Assurance

anticipated endowment plan

Under this plan policies are issued for the fixed terms of 12, 15, 18, 21, 24, 27 and 30 years. 25% of the sum assured shall be paid at the end of 1/3rd of the term provided the insured is then surviving. Another 25% of the sum assured shall be paid at the end of 2/3rd of the term provided the insured is then surviving. Full sum assured plus accrued bonus would be payable on death at any time within the term of the policy.