Optional Maturity Plan 17

Optional Maturity Plan 17 It is an endowment assurance with a built in option to mature early. The plan is available for individuals aged 20 to 45 years. The term of the Plan will be 40 years or up to age 70 whichever is less. The policyholder has following options regarding maturity of this plan.

After the policy has been in force for 20 years or more, the policyholder gets an option to mature the policy for a proportionately reduced sum insured. After the policy has been in force for 20 years or more, the policyholder, depending on his or her needs, can mature the policy in parts. Let the policy mature at originally selected term. In this case the policyholder gets an additional bonus. The policy participates in bonuses declared by State Life from time to time. Bonus rate will be the same as in Endowment All riders can be attached