This is a real story. An airplane landed after 37 years. As a flying phantom the charter flight DC-4 with 57 passengers on board landed in Caracas, Venezuela in 1992 after the plane disappeared in 1955 during it’s flight from New York to Miami! In...
For a Money-Back Policy of 25 years (Table 93), 15% of the sum assured becomes payable each after 5, 10, 15 and 20 years, and the balance 40% plus the accrued bonus become payable at the 25th year.
Tenure: 3 Years NFO Opens: 22 July 2013 NFO Closes: 31 July 2013 Product Suitability # Income over medium to long term. # Investment in fixed income securities and long term capital appreciation by investing a portion of the assets in equity and equity related instrument....
An important feature of this type of policies is that in the event of death at any time within the policy term, the death claim comprises full sum assured without deducting any of the survival benefit amounts, which have already been paid. Similarly, the bonus is also calculated on the full sum assured.
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