It is a non-linked life insurance plan which offers guaranteed returns in the form of Guaranteed Sum Assured and vested reversionary bonuses with Final Additional Bonus. Policy can be availed with duration of 12 years to 35 years and can be taken any person between the ages of 8 years to 55 years.
On higher Sum Assured discount is offered on premium.
If Sum Assured is more than Rs.200000/- then discount is given on premium and lower premium rates applied.
Minimum | Maximum | |
---|---|---|
Entry Age | 8 Years Completed | 55 Years Nearest birthday |
Term | 12 Years | 35 Years |
PPT | Equal to Term | |
Maturity age | 75 Years Nearest birthday | |
Sum Assured | ₹ 1,00,000/- | |
Mode of Payment | Yearly, Half Yearly, Quarterly, Monthly,Monthly(ECS) and through salary deducations(SSS) |
The basic Sum Assured shall be in multiples of ₹ 5,000/-
Maximum Sum Assured :- ₹ 1,00,00,000/- not exceed to the basic sum assured
Minimum Entry Age :- 18 Years completed
Maximum Entry Age :- 55 Years nearest birthday
Maximum Maturity Age :- 70 Years nearest birthday
Sum Assured shall be available in multiples of ₹ 5,000/-
Minimum Age At entry : 18 Years (Completed)
Maximum Age At entry : 60 Years nearest birthday
Minimum Sum Assured : ₹ 1,00,000
Maximum Sum assured : ₹ 25,00,000
Maximum Maturity Age : 75 Years nearest birthday
Sum Assured in multiples of ₹ 5,000
Minimum Entry Age : 18 Years (completed)
Maximum Entry Age : 55 Years (Nearer Birthday)
Maximum cover ceasing age : 70 Years (Nearest Birthday)