Limited Payment Endowment (Dhanadhanya Jeevan Beema)
July 20, 2018It’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.
Features | |
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Minimum Age At Entry : | 18 |
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 | |
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Yearly | 2 % -Discount |
Half Yearly | 1 % -Discount |
Quarterly | NIL |
Monthly | 5 % -Overload |
Rebate of Large Sum Assured | |
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501000 and Above | Rs 2 -Discount |
200000 to 500000 | Rs 1 -Discount |
Survival Benefits
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.
- ADB/PTD/PWB
First Policy Issue Date: 02-05-2018 |
Message from the Ceo
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