| Renewable Term Assurance |
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This is a pure risk policy suitable for people
who wish to provide huge sums for their family at an economical
premium. All males and females with earned income (Category
A) are eligible for this plan.
Benefits
The policy being a pure term plan, the sum assured is payable
on the death of the policyholder during the term of the policy.
On survival to maturity nothing is payable.
Renewable
Options
The policy has a unique feature where the policy holder can
renew the policy for a further term of 5 to 15 years without
having to undergo medical examination, provided he fulfills
the eligibility conditions applicable as on date of renewal
and his stay at Gulf Countries is likely to be extended. Extension
for renewal request can be exercised six months before the expiry
of the original term with the proof of extended stay.
Other Features of this plan
 Portability
Accident
Benefit
Flexible
options in Premium
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Child Education
/ Marriage Plans