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Date: 2017-06-08
Max 318
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HomeGlad Benefit Account

Glad Benefit Account


 Goodwill Finance Limited always believes in giving the best to its customers and staying true to our tagline 'WE TAKE CARE OF YOUR INTEREST' we have designed a new product named GLAD (Goodwill Life Assurance Deposit) Benefit Account especially for our customers. It is one of the best schemes available in the market and we are sure that our customers will benefit from this product.

 

Features:

  • You open a fixed deposit with Goodwill Finance and we will provide you with the Life Insurance Benefit of sum assured of the equal amount of your deposit.
  • The tenure of this Fixed Deposit will be either 15 years or 20 years since it is linked to the Life Insurance Benefit.
  • The premium throughout the policy period will be paid by Goodwill Finance Ltd.
  • GFIL will provide its term depositors with additional benefit from 75% to 200% of sum assured under this scheme GLAD benefit on maturity of the tenure of the policy, along with the initial deposit and the insurance amount covered with insurance company.

Benefits:

  • Life Insurance coverage with GLAD Benefit Account.
  • No longer have to deal with the hassles of paying premium or remembering the dates or paying the fine.
  • Facility of prematurity of the deposit.
  •  Eligible for loan against this deposit.
  •  At maturity –  get the lump sum amount

o   Initial deposit

o   + Sum assured

o   + Bonus from insurance company

o   + Additional benefit of 75% to 200% of initial deposit by Goodwill Finance Ltd.

 

Life Endowment Policy
Age Group
Additional Benefit for 15 yrs
Additional Benefit for 20 yrs
17 – 42
100%
200%
43-50
75%
200%
 
Bal Amrit Policy
Age Group
Additional Benefit for 15 yrs
Additional Benefit for 20 yrs
1-6
100%
Not Applicable
 

 

 


 

 

 

 
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