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| Event |
Maturity/death benefits payable |
Death Benefit
|
Sum Assured together with the value of the units to
the credit
|
Maturity Benefit
|
On surviving up to the end of the policy
term, Value of the units to the credit of the policyholder will be paid.
|
Settlement
Option
|
On surviving up to the end of the policy
term, instead of the maturity value, the Policyholder can opt to withdraw the units in his credit
in not more than 5 installments,
within a period of five years from the date of maturity,
at the prevailing Net Asset Value at
the time of each installment |
|
| Condition |
Limit |
| Minimum age at entry |
12 |
| Maximum age at entry |
60 |
| Maximum age at maturity |
75 |
| Minimum single premium |
Rs. 20,000 |
| Duration of the Plan |
5 years to 25 years |
| Minimum sum assured |
125% of the Single Premium |
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