Product Summary: This is an Endowment Assurance plan designed to enable a parent or a legal guardian or any near relative of the child (called proposer) to provide insurance cover on the life of the child (called life assured). The plan has two stages, one...
This is a with-profits plan and participates in the profits of the Corporation’s life insurance business after the deferred date.
The Two Year Temporary Assurance policy is designed for the insuring public who requires risk cover for a maximum of two years.
Premiums are usually payable for the selected term of years or until death if it occurs during the term period.
Details of LIC The Endowment Assurance Policy – Limited Payment.
Policy holders get an option of converting an policy into endowment assurance or limited payment whole life assurance.