|
i.) Investment option: The product will offer the customer multiple investment options, to provide more freedom in terms of how he/she wants his/her money to be invested. The product will be available with 2 portfolio strategies
• Trigger Portfolio Strategy
• Fixed Portfolio Strategy
ii.) Additional allocation: Additional allocation of units from 6th year onwards that will result in more than 100% allocation to funds on premium payment.
iii.) Partial Withdrawals: 1 partial withdrawal allowed every 3 years starting from the 6h policy year.
iv.) Death benefit: Higher of Sum Assured and Fund Value
v.) Maturity benefit: Fund value. Alternatively, settlement options can be chosen
|