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family pension assurance table 12

FAMILY PENSION assurance table 12 the installments at the end of 1/3rd and  2/3rd of the policy term are not withdrawn additional deferred term insurance automatically commences (without any declaration of good health or medical) the event of death of the assured at or after the end of 1/3rd policy term , policy term in addition to the basic sum assured plus bonuses (if any)are all of the following benefits become payable.

1-an amount equal to 25% of the sum assured .                                                   2-basice income benefit for a guaranteed period of 10 years.                           3-supplementary income benefits depending upon the number of children surviving at the death of the assured.Image result for family pension plan

4-A lump sum payment on termination of all income benefits.

if the assured dies at or after the end of 2/3rd of the policy term the death benefits described ,                                                                                                       FAMILY PENSION assurance

  MATURITY BENEFITS.

on the survival of the life assured tell maturity the sum assured( plus bonuses if in)will be payable after deducting any amount withdrawn at the end of 1/3rd or 2/3rd of the policy term.

NOTE,

basic income benefits are payable for 10 years from the date of death of the life assured .the benefits in columns 2 and 4 as well 3 and 5 will be added if both installments are not withdrawn. supplementary income benefits will be equal to or 50 % of the basic income benefit as mentioned in the description of the plan

basic income benefits are payable for 10 years from the date of death of the life assured .the benefits in columns 2 and 4 as well 3 and 5 will be added if both installments are not withdrawn. supplementary income benefits will be equal to or 50 % of the basic income benefit as mentioned in the description of the plan.on the survival of the life assured tell maturity the sum assured( plus bonuses if in)will be payable after deducting any amount withdrawn at the end of 1/3rd or 2/3rd of the policy term.

.[table id=32 /][table id=33/][table id=34/]

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