Your drive, passion and hard-work paved the path for where you are today, an envious position where you dwell in success. However it is always important to look further, beyond the horizon, and explore new possibilities and reach greater pinnacles of triumph and success.
In order to achieve above and beyond your hopes and dreams, be in your personal or professional life, a robust plan is required. Ceylinco Life Supreme Life is the perfect stepping stone for that plan which will help you achieve beyond your potential.
How it works
Supreme Life provides a special proposition to the policyholder where periodic lump sum payments are paid during the term of the policy while also providing a life cover and a maturity at the end of the term if the policyholder survives.
Benefits
The benefits of this plan are 3 fold.
Once you purchase a Supreme Life policy you would be receiving generous lump sum payments every 4 years of your policy term which you can use to build your future success story.
At the end of the term the policyholder is able to enjoy the added benefit of receiving the assured sum of the policy or the accumulated fund, whichever is higher and with no deductions of the lump sums already paid.
Furthermore there is an inbuilt life insurance cover where at the instance of the policyholders unfortunate demise the basic sum assured of the policy or the accumulated fund, whichever is higher, will be paid to his/her beneficiaries.
Example: For example, if you are 30 years old, and you obtain a Ceylinco Life Supreme policy for a basic cover of Rs.5000,000/- for 20 years, you will receive generous periodic payments of Rs. 60,000/- every four years.
| Term | Advance payment (At the end) |
As a % of the Sum Assured |
|---|---|---|
| 12 years | 4th year
8th year 12th year |
20% 20% Basic sum assured or accumulation fund, whichever is higher |
| 16 years | 4th year
8th year 12th year 16th year |
15% 15% 15% Basic sum assured or accumulation fund, whichever is higher |
| 20 years | 4th year
8th year 12th year 16th year 20th year |
12% 12% 12% 12% Basic sum assured or accumulation fund, whichever is higher |
| 24 years | 4th year
8th year 12th year 16th year 20th year 24th year |
10% 10% 10% 10% 10% Basic sum assured or accumulation fund, whichever is higher |
| At maturity in the 20th year, the balance lying in your accumulation fund for a Rs.500,000/- sum assured policy |
| Illustrated maturity benefit assuming a dividend rate of 7% per annum. Rs. 950,000/- |
| Illustrated maturity benefit assuming a dividend rate of 9% per annum. Rs. 1,180,000/- |
(this is an illustration only)
If you are a male aged between 18-58 years you are eligible to purchase this policy for a period of 12, 16, 20 or 24 years.
This policy can be paid in Monthly, Quarterly, Half-Yearly and Annual modes.
Rider Benefits
The following rider plans can be added on to your life plan as additional protection.
Ceylinco Life Supreme policyholders will be eligible for additional rewards as a tribute for their loyalty. All policyholders stand a chance to take part in the Ceylinco Life Family Savari consumer promotion and their children are also eligible for the Pranama Scholarship scheme.
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