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Endowment Policies
Endowment Policies
Life Assurance provides you with complete peace of mind and security for your family.
Our Endowment Policy is a Life Assurance policy where you contribute
regularly to receive a sum of money at the end of a specified period.
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Benefits and Features
- Convenience – one-stop shop service for our banking customers
- Financial security for your family as well as a way of savings for your future
- Solid establishment. Anglo Mauritius is financially sound and has a good reputation
- Maturity bonus is attractive as compared to other insurance company as interest is compounded, therefore at the end of the policy term, bonus paid out will be more
- A built-in total and permanent disablement cover (T&PD)
You can choose among the following endowment policies:
- The Endowment Assurance Policy where the Basic Sum Assured plus Accrued Bonuses will be payable in case of death* before the Date of Maturity
- The Perfect Endowment Policy where twice the Basic Sum Assured will be payable in case of death* before the Date of Maturity
- The Maxi-Security Endowment Policy where three times the Basic Sum Assured will be payable in case of death* before the Date of Maturity
Choice of Term
The policy term varies from 5 to 25 years or up to the 65th birthday of the person assured.
Guaranteed Returns
On the Date of Maturity, the Basic Sum Assured plus Accrued Bonuses will be payable.
Surrender Value
After premiums have been paid for 36 months, a Surrender Value can be acquired. When a policy acquires a Surrender Value, a loan on policy can be secured.
* This information is intended as a general summary of the key features of our insurance policy document. Please refer to the insurance contract for exact terms and conditions.
Eligibility
- Minimum age at entry must be 13 years as on next birthday
- The age as on next birthday of the proposer at inception plus the term of the proposed policy (with the exception of whole life assurance), must not exceed 65 years. In other words, the age of the proposer at maturity must not exceed 65 years
