Bancassurance

Abundance

Abundance is a savings and life insurance solution that helps you set aside funds systematically. It gives guaranteed regular cash payouts to achieve life goals while keeping you and your family protected from life’s risks.

Payment Terms: 5 years

Covered Ages:

20 years – 15 days to 60 years old
Up to age 65 – 15 days to 45 years old

Period of Coverage: 20 years or up to age 65

Take advantage of the benefits of Abundance

Guaranteed Regular Cash Payouts

Equal to 10% of sum insured every two years starting from the end of 7th policy year until maturity

Guaranteed Lump Sum Cash at Maturity

Equal to 100% of sum insured

Coverage of 20 years or up to age 65

Life Insurance Benefit

Equivalent to 200% of sum insured in case of death

Terminal Illness Benefit*

Equivalent to 200% of sum insured once diagnosed of an end-stage disease

*Benefit claim advances the life insurance benefit and terminates the plan

Only 5 years to pay

Sample Illustration

Riders You Can Add Up

Put together a plan to get you ready for wherever the future takes you. Check in with your Relationship Manager and chart a course for your life’s journey!

Waiver of Premium Benefit Rider (WPD)

If the Insured becomes totally and permanently disabled prior to expiry date of the rider, payment of regular premiums on the policy will be waived, including premiums of any benefit riders, which will fall due during the continuance of the disability or until the expiration of the term of this rider, whichever is earlier.

Payors Rider (PR)

This rider frees the policyowner from the obligation of paying all future premiums of the policy if he dies within the paying period. Benefits of the policy are kept intact and will be provided to the insured as scheduled.

Waiver of Premium Supplementary to Payor's Rider (PR-WPD)

Frees the policyowner from the obligation of paying all future premiums upon being totally and permanently disabled. This rider waives all premiums due during the continuance of the disability or until the expiration of the term of the Payor's Rider whichever is earlier.

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