The Convertible Term Assurance Policy


If the buyer of the policy cannot or does not wish to pay large sum as a premium initially, this policy will be best suited for them.

Also, this policy gives you an option to decide at a later date whether you wish to convert it into an endowment policy or a single premium whole life policy.

BENEFITS:

  • Payment of sum assured on death of policy holder during the policy term.
  • Can be taken by those who cannot pay huge amounts of premiums
  • Gives you time to decide which type of policy you wish to convert this into.
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