An Authorised Lic Agent
It is a close ended plan which shall be available for sale upto 31st August, 2017, coinciding with the Diamond Jubilee Year of the Corporation.
Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(ECS)
Term :
16 Year
20 Year
24 Year
P.P.T.:
For Term 16 Year Ppt 10 year
For Term 20 Year Ppt 12 Year
For Term 24 Year ppt 15 year
Minimum Entry Age :
14 Year Completed
Maximum Entry Age :
For Term 16 Year - 50 Year (Nearest Birthday)
For Term 20 Year - 45 Year (Nearest Birthday)
For Term 24 Year - 41 Year (Nearest Birthday)
Maximum Maturity Age :
For Term 16 Year - 66 Year
For Term 20 & 24 Year - 65 Year
Minimum Sum Assured :
1,00,000
Maximum Sum Assured :
5,00,000
Extended Cover after Completion of Policy term. Extended Cover Period equal to half of the policy term.
Policy Benefits :
On Death :
On death during first five policy years:
Sum-Assured on death
On death after five policy years:
Sum-Assured on death + Loyalty addition if any.
where Sum-Assured on death is Basic Sum-Assured,OR
10 times of Annualized Premium, OR
105%of all Premiums paid as on death,
WHICHEVER IS HIGHER.
On Survival :
On survival Sum assured on Maturity + Loyalty addition if any.
Surrendered Value : The Policy can be surrendered at any time during the policy term provided atleast three full years premiums have been paid.
Loan : Loan Facillity is available under this plan, after payment of premiums for at least 3 full years.
Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).
Proposal Form : 300/340/360 shall be used under this plan.
More Details... or Call 9990286759
