Monday, March 7, 2011

Inflation Protector Plus (IPP)

Inflation Protector Plus (IPP) is a savings & protection policy to age 85 participating with cash dividends and surrender/terminal dividends.

Coverage provided
  Death Benefit
  Total & Permanent Disability Benefit 
   (covered under TPD benefit up to age 60)
  Maturity Benefit
  Surrender / Terminal Dividend
  Annual Dividend
  Critical Illness benefit
  Increasing Sum Assured **


 Riders
  Hospitalization & Surgical
  Accident Benefit
  Disability Income
  Comprehensive Female Coverage


Sample Illustration:
Subject: Male, Age 30 yrs.


Main Features of IPP:
1. Premium payable until age 55 or 20 years whichever is longer
2. Constant growing of Basic Death Benefit until Year 30 or age 75



Actual Investment Return Rate in the three preceding years:
2007: 9.76%
2008: -1.84%
2009: 9.41%

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