Date of Withdrawal: 24-Nov-2013
Plan No. 88
- Double benefit endowment plan that provide a new dimension to the concept of insurance security. High security at very low cost
- Jeevan Mitra not only helps to make provisions for the family of the Life Assured in the event of his early death, but also assures a lump sum at the desired age.
- For a small extra cost over conventional endowment plan, it offers riskcover which is 2 times the basic sum assured + bonus
- WIDE CHOICE OF TERM - can be easily aligned with your family objectives
- LIQUIDITY - You have an option to surrender the policy & receive the cash value after payment of premiums for 3 years
- MATURITY - Sum Assured + Bonus + Final Addition Bonus (as applicable) will be paid.
- Premiums paid are TAX EXEMPTED u/s 80 C
- Maturity amount is TAX FREE u/s 10 (10) (D).
- Optional Add on Riders:
- Double Accident Benefit (DAB) – three times the sum assured is paid in case of death due to accident
- Critical Illness Rider – Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered. There is also a Premium Waiver option in case the critical illness claim is made
Eligibility Criteria | ||
---|---|---|
Min. | Max. | |
Age | 18 | 50 |
Term | 15 | 30 |
Sum | 50,000 | No limit |
Premium Modes | Yly, Hly, Qly, Mly, SSS |
Yearly Premium for 10,00,000 Sum Assured | |||
---|---|---|---|
Age | 15 Years | 20 Years | 25 Years |
18 | 67258 | 48488 | 38109 |
20 | 67355 | 48634 | 38400 |
22 | 67500 | 48925 | 38788 |