Level/ Payable for whole life/ Limited payment to certain age or certain year
Policy Cash Value
Participating Life Policy : Guarantee Cash Value + Non Guarantee Dividend
Non-Participating Life Policy : Guarantee Cash Value Only
Guarantee Cash Value at the time of Policy Maturity at age 100 = Death Sum Insured (Policy Proceed)
Rider Availability
Variety choice of Rider that can be attached
Advantages
Long term protection at fixed cost
Long term accumulation of cash value for emergency need and stated purpose under disciplinary vehicle
