Sunlife Endowment insurance Plan

📋 Coverage Details

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✅ Eligibility Requirements

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📞 Claims Process

📖 Policy Description

Sun Life Endowment Insurance Plans are financial products that combine life insurance coverage with a savings or investment component, offering both protection and wealth accumulation. Below, I will introduce the Sun Life Endowment Plan based on the information from the search results and compare it with other similar products.

This plan is designed to provide a blend of savings and life insurance protection. Key features include:

• Death Benefit: In case of the policyholder’s demise during the policy term, the nominee receives the full sum assured plus any declared bonuses .
• Maturity Benefit: If the policyholder survives the term, they receive a lump sum payout, which includes the sum assured and accrued bonuses .
• Policy Term: Ranges from 5 to 52 years, with a maximum maturity age of 70 years .
• Premium Payment: Flexible modes (monthly, quarterly, semi-annually, or annually) .
• Riders: Optional add-ons like Accidental Death Benefit (ADB), Premium Waiver Benefit (PWB), Critical Illness, and Funeral Expenses