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| Event |
Maturity/death benefits payable |
Death Benefit
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On death at any time before the end of the policy term, Sum Assured together with the value of the units in the policyholder's account will be paid and 1% of the Sum Assured will be payable monthly till the end of the policy term. Further one Sum Assured will be payable at the end of the policy term.
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Maturity Benefit
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On surviving up to the end of the policy term,
the value of the units along with loyalty addition will be paid.
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Unit Plus
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At the end of the 10th policy anniversary 50% of the basic annualized premium will be added to the policy holder's unit account.
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| Condition |
Limit |
| Minimum entry age |
18 years age last birthday |
| Maximum entry age |
50 years age last birthday |
| Maximum maturity age |
75 years age last birthday |
| Minimum Policy term |
15 years |
| Maximum Policy term |
25 years |
Premium payment term |
Same as policy term |
| Minimum sum assured |
5 * Annualized Premium |
| Maximum sum assured |
Subject to underwriting
considerations. |
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| Policy Term |
Minimum Installment Premium |
| 15 Years |
Yearly Rs.30, 000/-
Half Yearly Rs.15,000/-
Quarterly Rs.7,500/-
Monthly Rs.3,000/- |
| 16 - 20 Years |
Yearly Rs.25, 000/-
Half Yearly Rs.13,000/-
Quarterly Rs.7,000/-
Monthly Rs.2,500/- |
| 21 - 25 Years |
Yearly Rs.20, 000/-
Half Yearly Rs.10,000/-
Quarterly Rs.5,000/-
Monthly Rs.2,000/- |
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