Astha
Four Payment Takaful Shurakkha
1. On survival as per special provisions here after.
2. On death within the term full sum assured with accrued bonus shall be paid to the nominee(s)
A liquid savings plan that gives back partial sum assured in three different time periods for fulfilling various needs of different stages of life. This is a very popular product among the people who prefer flow of liquidity throughout the policy term. This product is designed in such a way which is very much customer friendly. If anyone takes this policy, he/she gets the opportunity to get the partial Sum Assured in three different time periods of policy tenure
Feature & Benefit
After payment of first, second and third installments, on the death of the insured before maturity, full sum assured along with accrued bonus will be paid to nominee.
After paying premium for at least two years, the policy can be converted to a lump sum assured.
15% income tax concession per annum