Reply To: Reserve Pattern
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May 30, 2018 at 9:06 am
#23848
Participant
Abhinandan7 wrote:
हाँ भाई #Single lump sum ही decrease होके मिलेगा, *या फिर* dependant को regular income until term ends.
It is that decreased single lump sum which allows the possibility of regular income latter.
this is what I meant by Decreasing term assurance.
“If the contract is a decreasing term assurance contract then it may provide a lump sum
on death, a lower amount being paid the later the death occurs in the contract term, or
the contract may provide an income for the rest of the contract term”