Limited Payment Endowment (Dhanadhanya Jeevan Beema)July 20, 2018
It’s an Limited Payment and Money-back plan paid for limited term of years. The Policy term is 25 years and the Payment is made either single or within 12 and 18 years.
|Minimum Age At Entry :||16|
|Maximum Age at Entry :||45 years|
|Minimum Policy Term :||25 years|
|Maximum Policy Term||25|
|Maximum Age at Maturity :||70 years|
|Pay Mode :||Yearly, Half Yearly, Quarterly or monthly|
Rebate and Overload
|Rebate on Pay Mode|
|Yearly||2 % -Discount|
|Half Yearly||1 % -Discount|
|Monthly||5 % -Overload|
|Rebate of Large Sum Assured|
|501000 and Above||Rs 2 -Discount|
|200000 to 500000||Rs 1 -Discount|
On Survival, the benefits as a percentage of Sum Assured will be as
- on 4th and 8th year of date of commencement : 10 % of Sum Assured
- on 12th, 16th and 18th year of date of commencement : 20 % of Sum Assured year
- 0n 25th year : 20 % of Sum Assured + Vested Bonus
On Death of life Assured, Full sum assured + Bonus will be paid (without deducting survival amount paid before if any)
Optional Benefits by paying additional premium.
|First Policy Issue Date: 02-05-2018|
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