This plan of assurance is designed to meet the needs of those who are initially unable to pay the larger premium required for a Whole Life or Endowment Assurance Policy, but hope to be able to pay for such a policy in the near future.

This plan would be found useful also in cases where it is desired to leave the final decision as to the plan to a later date when, perhaps a better choice could be made.

Policy holders get an option of converting an policy into endowment assurance or limited payment whole life assurance.

Suitable For
For all people with earned income under Category I and unearned incomes under Category II, basically Standard and sub-Standard lives attracting EMR classes I and II.

Survival Benefit
Not Applicable

Death Benefit
The sum assured is payable only in the event of death of the Life Assured before the expiry of the specified term.