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It is a participating/ with-profits endowment plan. It provides annual simple reversionary bonuses, which are vested once declared. 

This product offers the following benefits:

•  At maturity of policy, Basic Sum assured with accrued bonus will be paid to the insured.

•  In case of death immediately after policy commencement but before maturity basic sum assured plus accrued bonus will be paid to the beneficiary of the insured.

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