21 year endowment with 15% triennial bonus
Insurance you can use...Bonuses you’ll love!
How it works
A 21 year endowment with 15% triennial bonus plan provides you with coverage (life protection) for a period of twenty one (21) years provided the policy remains in force. Premiums are payable for a period of twenty one years and on the twenty first (21st) anniversary of the policy it matures or “endows”. This simply means that at the end of the twenty one 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.
While this policy is in force and the insured is still alive, a bonus of 15% of the amount of insurance is payable on every third anniversary of the policy including the anniversary date on which the policy matures.
- 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.
If you like the idea of earning bonuses while being protected and your money works for you, then an Endowment Plan may be right for you!
For more information, contact your nearest BAF office or send us an email, we’ll glady call you.
We are always waiting to serve you.