This plan pays the guaranteed sum assured on the death of the policyholder. The policy carries a cash surrender value.
THRIFT PLAN
Comprises the Whole of Life Policy and Investment Fund. Upon establishing the premium amount to be paid, 25% is credited to the Life Policy and 75% in the Investment Plan. The investment accumulates interest on a monthly basis. The value of the policy at will be the cash value of the policy at the time plus the amount held in the Investment Fund. |