Endowment plans fulfil the dual need for life coverage and savings under a single plan. They enable the policyholder to receive a lump sum to fulfil long-term financial needs such as children’s education, marriage, new home, retirement goals etc. A lump sum will be paid after a specified period or earlier in the event of death of the insured.
PLAN OPTIONS:
- 15-Year Endowment
- 20-Year Endowment
- 25-Year Endowment
- 30-Year Endowment
PLAN BENEFITS:
Dual Benefits:
Endowment plans combine life insurance and savings, offering a safety net for your loved ones while helping you accumulate a lump sum.
Financial Security:
Ensure your family’s financial stability with a guaranteed payout in case of covered events, protecting them from financial uncertainties.
Guaranteed Returns:
Enjoy peace of mind with secure, guaranteed returns, allowing you to plan your financial future with confidence.
Cash Value Access:
Use your policy’s cash value for emergency financial needs.
Flexible Options:
Choose from multiple policy terms (15, 20, 25, or 30 years) and premium payment options (monthly, quarterly, semi-annually, annually) to fit your budget and goals.
Fixed Premiums:
Premiums are guaranteed not to change during the term of the policy.
OPTIONAL BENEFITS:
Accidental Death
In event of death due to an accident, this benefit pays an additional amount as stated in the policy.
Accidental Death and Dismemberment
In the event of death or dismemberment due to an accident, this benefit will pay the amount as shown in the table of Losses and Benefits.
LOSSES & BENEFITS
| LOSS OF | BENEFIT |
| Life | Sum Insured |
| Sight in both eyes | Sum Insured |
| Both hands or both feet | Sum Insured |
| Sight in one eye and either a hand or foot | Sum Insured |
| One hand and one foot | Sum Insured |
| One hand or one foot or sight in one eye | One half the Sum Insured |
| Thumb and index finger of one hand | One quarter the Sum Insured |
Total Disability Waiver of Premium
In the event of your total disability, this benefit will waive the basic premium due, to ensure that your policy remains in force.
Conditions apply.
For more information contact your TATIL Life Advisor or visit www.tatillife.co.tt
TATIL Life Assurance Limited Head Office
11 Maraval Road, Port of Spain Tel: (868) 62TATIL (628-2845)
Tel: 62 TATIL (628-2845)
Website: www.tatillife.co.tt