Payment by Instalment Policy

Life Assurance provides you with complete peace of mind and security for your family. Get our payment by instalment policy to secure both your family's future and yours. In this policy, the Basic Sum Assured is payable by installments every 5 years.

Know more

• Benefits and Features
• Eligibility
• Who is the insurer?

• Convenience – one-stop shop service for our banking customer
• 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)

Choice of term

The policy term can be 10, 15, 20 or 25 years

Guaranteed Returns

On the Date of Maturity, the last instalment of the Basic Sum Assured plus Accrued Bonuses will be payable. In case of death* before the Date of Maturity, twice the Basic Sum Assured will be payable in addition to any installment(s) already paid

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.

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• 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