This plan is Endowment with guaranteed and loyalty additions.

Guaranteed Additions at the rate of Rs.60 % of basic sum assured will accrue at the end of each completed policy year while the policy is in force for full sum assured and will be payable on the date of maturity or on earlier death of the life assured.

Loyalty Addition On the life assured surviving the date of maturity, or on earlier death after five years, loyalty addition, if any may be paid at such rates and on such terms as may be declared by the Corporation.

Guaranteed Surrender Value:

Annual premium paying policy under this plan can be surrendered for cash at any time after the premiums have been paid for at least three years. The surrendered value allowable under this policy will be equal to 30 % of the total amount of premiums paid excluding the premiums for the first year and all extra premiums, if any, On surrender, cash value of accrued Guaranteed additions also will be allowed.

Single premium policy can be surrendered for cash at any time after the policy has run for at least three years. The surrender value allowable under this policy will be equal to 90 % of the total amount of premiums paid excluding all extra premiums, if any, On surrender, cash value of accrued Guaranteed additions also will be allowed.

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