The Royal Investment Plan (TRIP)

This is an investment linked life assurance product. It has three payout plans of 25%, 25% and 100% of the sum assured in addition to bonuses. It has a minimum term of six years and a maximum term of twenty-seven years. The policy also covers death and may include other ancillary covers like permanent disability, critical illness and double accident cover at additional premium. It also has premium waiver.

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