Term Assurance

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Features

Special Features

Benefits

Policy Parameters

Suitable For

Features

The Two Year Temporary Assurance policy is designed for the insuring public who requires risk cover for a maximum of two years.

Under the Two Year Temporary Assurance policy a single premium is required to be paid at the outset of the policy to cover the entire period of term.

The proposer is required to pay the medical examination fee. The proof of age must also accompany the proposal.

Special Features

The policy issued will be only under the 'Without Profits' plan.

The policy is not entitled to any surrender value.

No loan will be granted against the Two Year Temporary Assurance policy.

Benefits

Survival Benefits

Not applicable

Death Benefits

Total sum assured.

Policy Parameters

Suitable For

The Two Year Temporary Assurance policy caters to individuals who specifically require insurance cover against risk for a short period of two years, for instance people who are required to go on tours for a year or so.