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.

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