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PRADEEPA

 
The Life Policy that increases in value every year while the premium stays the same!

HNB Assurance, in heralding the dawn of a new era in Insurance, has also taken on the task of changing the way people regard it. The conventional has given way to innovation, not only underlining peace of mind through increasing security, but making life assurance in particular a high-return investment.

The unique PRADEEPA plan is more than life insurance as we know it.It is one that increases life coverage.

The extensive coverage includes:

* Sum Assured, together with accrued bonus at the end of the selected period or at premature death
* The amount payable on your life assurance policy increases by 5% every year
* While this happens there is no increase in the premium payment
* A bonus at the end of every year
* Where a maturity payment is made, life cover equal to the basic sum assured will continue for a period of ten(10) years or until the life assured reaches the age of seventy(70)
You thus have guaranteed protection that increases in value throughout your life! You are free to choose the amount of cover and the term from 5 to 40 years.
The actual premium will be computed on the term chosen, age, health, occupation and the extra covers you want from the following.

A CHOICE OF ADDITIONAL COVERS

1. Additional life cover.
2. Accidental death benefit.
3. Total permanent disability due to accident or sickness in the event of which, supplementary income will     be provided and premiums waived.
4. Accidental permanent partial disability benefit according to extent of disability.
5. Critical illness cover on 28 ailments. On diagnosis, cash will be made available.
6. Hospitalisation benefits.
7. Spouse benefits.

COVER FOR YOUR NEEDS

As importantly, the new and high-benefit “PRADEEPA” policy can be tailored to fit specific needs
· Period: 5 to 40 years You can choose)
· Life cover up to 70 years
· Chosen additional benefits up to 65 years
· Premium according to your ability to pay
· Basic cover without 5% annual increase –at a lower premium

Payment of premium: Yearly,Half-yearly, Quarterly or monthly
Payment at our office or through your bank

   

 

 

 

 

 

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