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Single Premium Plan (Bhagyodaya Jeeven Beema)

June 18, 2018
Single Premium Plan (Bhagyodaya Jeeven Beema)

This is an endowment Assurance Plan, which is purchased for a certain period of time but the premium is paid one time only at the time of policy commencement date.

The Premium is paid one time only.

Features
Minimum Age At Entry : 16 Years
Maximum Age at Entry : 65 years
Minimum Policy Term : 5 years
Maximum Policy Term : 59 years
Maximum Age at Maturity : 70 years
Pay Mode : Single

Rebate and Overload

Rebate on Pay Mode
No Discount and Overload
Rebate of Large Sum Assured
200000 to 299000 Rs. 1- Discount
300000 and above Rs, 2% -Discount

Death Benefit

On death of life assured during the term of policy FULL SUM ASSURED Plus Bonus Declared and Vested in the policy will be paid.

Survival Benefit :

On Survival of life assured till the policy Maturity Full Sum Assured Plus Bonus Declared and Vested in the policy will be paid.

Optional Benefits (optional benefit available by paying additional premium as per company rule for the policies attaining age 16)

  1. ADB  /PTD /PWB

Optional Benefits by paying additional premium in case of minor life assured. (11 to 14 years of age)

  1. MIB
  2. PWB
  3. Funeral Expenses
First Policy Issue Date: 17-10-2017