Whole Life Insurance Plans
A whole life insurance contain both protection and investment elements. You get high insurance coverage where it matters most, and potential long term wealth accumulation for the financial goals in the later stages of your life.
Key benefits of whole life insurance plan
Whole life insurance plan are using desired for the following features:
- Multipliers to increase sum assured when financial commitments are high
- Riders to enchance and cover shortfall in insurance coverage
- Lump sum cash value upon surrendering/ termination of policy
- Premium term as short as a single lump sum or over 5 years for a lifetime of coverage
- increase coverage at milestone
Most whole life insurance plan allows you the flexibility of adding riders to the base plan. The attached riders can enhance your base plan by:
- Increasing your sum assured coverage
- Adding on coverage not included in the base plan
- Waive off future premium
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