| Event |
Maturity/death benefits payable |
On death during the policy term
|
Sum assured along with vested bonuses will be paid and the policy comes to an end
|
On survival up to the end of policy term
|
Sum assured along with vested bonuses will be paid
|
| Bonus: Simple reversionary bonus will accrue during the policy term. |
|
| Condition |
Limit |
| Minimum age at entry |
12 years |
| Maximum age at entry |
65 years |
| Maximum age at maturity |
75 years |
| Minimum policy term |
7 years |
| Maximum policy term |
25 years |
| Minimum sum assured |
Rs. 50,000 |
| Note:
The policy can be taken for a sum assured based on a fixed premium
subject to a minimum sum assured of Rs.50,000 for the appropriate age
and term. |
|
| Payment mode |
Rebate |
| Yearly |
1.5% of the tabular
premium as rebate |
| Half-yearly |
0.75% of the tabular
premium as rebate |
| Sum Assured |
Rebate |
| Below Rs. 1,00,000 |
Nil |
| Rs. 1,00,000 to Rs. 1,99,000 |
Re. 1 per thousand |
| Rs. 2,00,000 to Rs. 2,99,000 |
Rs. 2 per thousand |
| Rs. 3,00,000 and above |
Rs. 3 per thousand |
|
