3-payment-plan

3-payment-plan

FEATURES

  • For minimum of 6 years
  • The plan can be surrender for its cash value after 2 years
  • Surrender attracts charges .
  • Pays out in three (3) installment at the end of each 1/3 of the plan year i.e for 6 years plan pays out Every 2 years and for 9 years plan every 3 years e.t.c
  • The first payment is 25%, second is 25% while the last is 50%
  • Sum target is used to calculate the percentage of Payment while the interest will be added when the Plan matures
  • The premium remains the same