25 year endowment with 25% quinquenial bonus
Benefits included in this plan are
- Accidental Death Benefit
- Dismemberment Benefit
- Cash payments
- Cash bonuses
NOTE: On all
Money Back policies, bonuses may be left on deposit with the company to
accumulate with a guaranteed minimum interest rate until needed.
How it works
25 year endowment with 25% quinquenial bonus provides coverage (life
protection) for a period of 25 years provided the policy remains in
force.
Premiums are paid for twenty five (25) years and on the twenty fifth
(25th) anniversary of the policy, it matures or “endows”. This simply
means that at the end of the twenty five year period, the full amount of
insurance purchased is payable to the insured (or the policy owner if
other than the life insured) in a lump sum payment.