Straight Endowment

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What is a Straight Endowment?
A coverage designed to pay a lump sum to the policyholder after a specified term or earlier in the event of death.

Benefits to you or your family
Living Benefits

  • The full value of the policy becomes payable at the end of the insured period.
  • An investment that gives access to emergency funds through policy loans after 3 years.
  • Endowments may be cashed in after 3 years
  • FREE inclusion to waive premiums if the insured becomes disabled.

Death Benefits

  • The lump-sum payment can cover funeral and other expenses
  • Beneficiaries receive the full face value of the policy

Types of Payment Plans

  • From 10 years up to 59 years                                                     

Requirements to be insured

  • ID/Passport of the policyholder
  • Proof of Address
  • TIN
  • Birth Certificate if insuring a child under 14 years old
  • Medical Examination may be requested

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