Premiums payable during the first five years are higher than the premiums payable during the balance term. This plan is identical to Ordinary Endowment Assurance plan without profits.

The plan involves high annual premium payments for the first five years after which the annual premium is reduced to its one-third.

This plan is ideal for individuals who are eligible for pension since it protects the pension against the risk of occurrence of death. During the first five years, the annual premium is three times the amount payable during the rest of the term.

The paid-up values are derived from the total premiums payable while the surrender values are according the surrender value factors applicable to Endowment policies.

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