Leadway Target Plan
This is a policy that helps you save towards a target, we calculate the premiums based on your decisions about how much your target amount should be, and when you want the policy to mature. This policy has a minimum term of 3 years and a maximum of term of 20 years and must mature on or before your 65th birthday for Life and Temporary and Permanent Disability covers and your 60th birthday for covers including Critical Illness.
You also decide how frequently to pay your premiums – monthly, quarterly, half-yearly, annually or as a lump sum. As long as you pay those premiums in full and on time, we guarantee to pay out your Target Sum after the policy matures. If premiums are not paid in full and on time, a paid up value is paid on maturity.
The policy also includes a compulsory life cover and optional covers for if you contract certain illnesses or become permanently disabled because of an accident before the policy’s maturity date. These cover will pay out the full target sum on occurrence.
You can take out a loan against your savings at any time during the policy tenor subject to terms and conditions. And you can manage your policy online or through our mobile app.
You have the right to cancel your policy and receive a full refund of premiums paid if you do so within 30 days of receipt of the full policy documentation.
Please click here to download the policy brochure to know the features, benefits, and FAQs relating to this product to ensure it fully meets your requirement.
Click here to get the product application form.
To take out this cover,
Click the Buy Now button
Or call 01-2800700 to speak with one of our Customer Service care team.