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                                                                     Home / Consumer Banking at-a-glance / Insurance / Features and Benefits

 

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Plan Benefits and Features
• Face-amount is guaranteed.
• Bonuses are distributed on annual basis, BUT not    guaranteed, you will receive an annual letter    stating the distributed amounts. Projected bonus    value may go up or down
• Capital growth bonus is distributed only if;
   * Insured is alive at maturity.
   * All premiums are paid & policy in-force.
• Cash value for the first 3 years is ZERO.
• A 30 days FREE-LOOK period is granted to the   customer through which full refund  of the   premium is guaranteed – from the date of receipt   of policy from ALICO by customer.
• Not a bank deposit or an obligation of Citibank    N.A.
• For early cancellations, loss of premium paid may    occur.
• For queries and complaints, please call Citiphone    at 16644


Benefits

Do not leave your future to chance, take advantage now of the benefits provided especially for you through The Vision.

Achieve your goals and ensure that
your loved ones are protected.

At Maturity Date

a. A Lump-sum
b. Guaranteed Insurance Amount
c. Projected Reversionary Bonus
d. Projected Capital Growth Bonus

At Death

a. Immediate Lump-sum (equal to     face-amount) at date of death
b. Double the face-amount incase of     accidents
c. Monthly income (1% of insurance     amount) to maturity of the policy
d. At maturity, a lump-sum (equal to     face-amount) + Reversionary
    bonus (if any)

Incase Permanent Total Disability

a. Customer stops to pay permanent     & life coverage continue
b. At maturity; a lump-sum (equal     to face-amount)

 • Get a Lump Sum at the Maturity of your Vision Plan.
 • Lump Sum is the total of
 a) Guaranteed Insurance amount
 b) Distributed bonus




 • Insurance-amount at date of death (double incase of accidents)
 • Monthly income (1% of insurance amount) to maturity of the policy.
 • At maturity;
 a) Insurance amount
 b) Part of the distributed bonus





 • At date of event Customer stops to pay &life coverage continue.
 • At maturity;
 a) Insurance Amount
 b) Total Bonuses (as if customer paid all premiums)


 


Insurance


Plan Features and Benefits

          
      
   

 

 

 

 

 

 



 

 

 

 

 

 





   Important Information

   • Not a bank deposit or an obligation of Citibank N.A.
   • Projected bonus value may go up or down
   • For early cancellations, loss of premium paid may occur.
   • This product offers a “30-day free look” period
   • For queries and complaints, please call Citiphone on 16644

   To view more details on The Vision, click here The Vision .


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