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Optional Maturity Endowment

It is an endowment assurance with a built in option to mature early. The plan is available for individuals aged 20 to 45 years. The policyholder has following options regarding maturity of this plan.

  • After the policy has been in force for 20 years or more, the policyholder gets an option to mature the policy for a proportionately reduced sum insured.
  • After the policy has been in force for 20 years or more, the policyholder, depending on his or her needs, can mature the policy in parts.
  • Let the policy mature at originally selected term. In this case the policyholder gets an additional bonus.

The policy participates in bonuses declared by State Life from time to time. Please click here for details of bonuses currently available for this plan. Coverage under the policy can also be enhanced by attaching supplementary covers. Please click here for the details of supplementary covers. Please click here for calculation of your premium under this plan.