3 Stage Payment Plan (Anticipated Endowment)

3 Stage Payment Plan is an attractive savings insurance plan having the special features of payment of the Face Amount in three stages of the full policy period which enables the policyholder to meet the financial needs several times. Besides, if the policyholder dies before the policy matures insurance company pays it’s death benefit along with the accrued bonuses to the beneficiaries without deduction of any amount paid during the policy terms.