Save periodically and benefit from lump sums at specific intervals over a period.
Often times, we wished we had an investment plan that would help us save periodically while giving us access to lump sums at specified intervals over a given period. If you are one of those who do, then FlexiCash is what you need.
FlexiCash is an endowment plan that allows the policyholder live life to the fullest today and at the same time stay protected by allowing for the flexibility of receiving a specified percentage of the sum assured at specified intervals.
Policyholder gets periodic cashflow as described below:
Full Sum Assured plus accrued bonus is payable in the event of the death of the policyholder. This is in addition to the partial maturity benefit already paid to date.
You can surrender your policy after 12 months if you pay your premium regularly but there will be a surrender charge.
The policyholder has the right to cancel the policy within 30 days of commencement and receive all premiums paid provided that no benefit has been paid or claimed.
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