Anticipated Endowment Assurance Platinum

ANTICIPATED ENDOWMENT PLATINUM from ALLIANCE INSURANCE is a saving and protection wherein three predetermined maturities are paid at regular intervals during the tenure of the plan with life insurance coverage based on full Sum Assured.

This plan smartly meets the anticipated financial obligations at various stages of the policyholder’s life through its wide range of policy terms. Customers enjoy partial maturities during the term to enable them to plan for future expenses while earning returns for their savings.

By receiving a percentage of the Sum Assured amount three times during the period of the policy term, Anticipated Endowment Platinum offers greater liquidity throughout the savings period of the plan without any risk or fluctuations in the maturity amount.

Since this plan is a participating, the Terminal Bonuses declared during the policy term ensures robust returns for the premiums paid by the policyholder. These Terminal Bonuses, declared annually, are paid along with the final maturity or god forbid in case of untimely death of policyholder.

The plan can be further enhanced by adding various optional benefits to it thereby offering protection for a number of probable risks the policyholder may encounter during the policy term.

Life Assurance

50% of Sum Assured + Terminal Bonus at the end of Policy Term
Premium Currency UAE Dhirams,US Dollars
Entry Age Minimum: 5 years Maximum: 65 years
Maximum Maturity Age 80 years
Policy Term 12, 15, 18, 21, 24 & 30 years
Policy Payment Term Single Pay 3 years pay 5 years pay 8 years pay & Full Term Pay
Premium Payment Mode Monthly Quarterly Half-yearly & Annual
Guaranteed Survival Benefit 25% of Sum Assured – 1/3rd policy term
25% of Sum Assured – 2/3rd policy term
Death Benefit Sum Assured + Terminal Bonuses
Additional (Optional) Benefits Critical Illness 40
Permanent/ Partial Total Disability
Accidental Death and Dismemberment
Triple Accident Benefit
Waiver of Premium Benefit
Passive War Benefit
Family Income Benefit
Premium Interruption Policy Revival period of 2 years
Automatic Premium Loan
Paid up option
Surrender option
Extended Term Cover
For Critical Illness cover Maximum entry age is 65 years
Maximum coverage age is 70 years
Up to 50% of basic Sum Assured can be availed

Anticipated Endowment Platinum has been specifically designed to provide you with cash when it is most needed.

Unlike most savings and protection polices you do not have to wait until maturity to receive the Sum Assured. Instead you benefit from a three phase maturity whilst still enjoying the security of full protection benefits. Your Life Insurance cover remains at 100% throughout the policy term regardless of the maturity already paid.

Maturity Benefit can be used for a specific purpose such as your higher education of your children, child’s marriage, retirement or the special holiday you were longing to take.


  1. Choose the Basic Sum Assured based on your needs
  2. Choose the Policy Term as per your requirements
  3. Choose the premium payment terms as per your convenience
  4. Your premium will be calculated based on the Age, Basic Sum Assured, Policy Term andPayment Period. (subject to underwriting requirements if any)
  5. Complete the documentation along with the other prerequisites
  6. Pay your premiums regularly
  7. Enjoy maturity Amounts at specified regular intervals + Bonus along with final maturity
  8. Stay protected throughout the policy term  

This unique feature enables customers to choose shorter Premium Payment Term based on their convenience irrespective of the Policy Benefit Term.

Other than the regular premium option, customer can choose to pay the premiums in one of the four shorter periods mentioned below:-

  1. Single premium –One lump sum payment
  2. Three years premium payment – You can pay the premiums in just three years
  3. Five years premium payment – The premiums can be paid over a five year period.
  4. Eight year premium payment – The premium can be paid over eight years period.

On an aggregate,, the customer pays reduced premiums under shorter premium payment option as compared to regular premium payment option, making the returns attractive.

 These limited period premium payment option help customers to complete their premium payment well in advance so that they can enjoy the basic benefits of the plan without the hassle of paying the premium for the remainder of the term.

Sum Assured

In the event of untimely death during the policy term, the full sum assured plus terminal bonuses will be paid to the beneficiaries providing protection to the family. This is a worldwide cover with benefits payable in any country (Standard exclusion apply). The benefits are subject to payment of full premiums.

Maturity Benefits

Four payments at specific intervals will be paid throughout the plan term based on the specific percentage of the Sum Assured on survival of the policyholder.

Annual Bonus*

Each year, Alliance Insurance declares a terminal bonus which is paid when the policy matures or when the death claim of the policyholder is paid. The bonus depends on the performance of the business and is declared at Company’s discretion.

Policy Loans**

If the policyholder needs money at short notice, it is possible to obtain a loan against the cash value of the policy.

Policy Surrender

T The policyholder can surrender the policy for its cash value which will be based on a pre-defined cash value chart provided at the time of policy inception.

Automatic Premium Loan

In case of financial difficulty in paying the premiums, the Automatic Premium Loan option will enable the policyholder to pay the premium from the cash value of thepolicy. The APL shall continue subject to the availability of net Cash Value

Paid up Option & Extended Term Cover (ETA)***

Upon acquiring a cash value, if the policyholder is unable to continue with the premium payment. The Sum in this case will be reduced to the value of Paid-up Amount.

The policy holder also has the option to choose the Extended Term Cover option which enables the Death Benefit to continue at 100%, while the pure Endowment (ETA) value, if any, shall be paid on maturity. The term of coverage and pure endowment are dependent upon available cash value at the time of conversion.

Policy Revival Period in case of Policy Lapse

The lapsed policy can be revived within 2 years of the last premium paid by paying the premiums due along with the penalty subject to “Declaration of Good Health”.

Foot Notes:

*The bonus cannot be used to offset future premiums, neither can it be encashed prior to maturity

** The loan interest rate shall be set at Company’s discretion.

*** Bonus is not payable upon Paid-up or ETA.