- Education Endowment
- Anticipated Endowment
- Universal Life
- Short term endowment
- Endowment with annuity income benefits
Anticipated Endowment – Financial plan for various purposes
As a rule of life, spending on short-term needs may make it difficult for you to realize bigger goals in the long-term, and vice versa. Besides, unexpected risks may blow up all your goals and plans.
ABC Solution with Anticipated Endowment of Korea Life:
- Availability of short-term spending budget: Increasing cash benefits payable every 2 years (from 10% to 24% of sum insured) will meet your short-term spending needs.
- Big long-term goals in hand: the sum insured and acumulated bonuses payable at maturity will help you realize your long term goals.
- Comprehensive protection: 100% sum insured and all accumulated bonuses payable will help making up for the financial loss resulting from death or total and permanent disablement of the Life Insured. Besides, Korea Life shall pay another 10% of sum insured as a condolence benefit to the family.
Brief product information
• Entry Age (Life Insured): 0 to 55 years old
• Maximum Age at Marturity: 65 years old
• Policy term: 10 to 20 years
