Asian Endowment & Whole Life (SUKHI JIVAN)

Asian Endowment & Whole Life (SUKHI JIVAN)

Salient Features :

1. This policy will acquire paid-up value or surrender value.
2. This policy will be eligible for loan after the payment of 3 annual installment and completion of 3 years
3. This Policy will have maturity value
4. This policy will participate in profits
5. Minimum age at entry : 16 years
6. Maximum age at entry : 65 years
7. Maximum Policy Maturity Age : 70 Years
8. Term : 5 to 54 years
9. Maximum Maturity Age : 70 Years
10. Minimum Sum Assured : Rs. 50,000.
11. Maximum Sum Assured : According to the financial condition of the life to be assured.
12. Premium Paying Mode : Yearly, Half-yearly, Quarterly.

Rebates:
Rebates on Large Sum Assured

1. Rs. 201,000 to 3,00,000:Rs. 1 on SA per thousand on Basic Premium
2. Rs. 301,000 and Above: Rs. 2 on SA per thousand on Basic Premium

Rebates on Mode of Payment

1. Yearly : 2% Discount
2. Half Yearly : 1% Discount

Benefits:
Death Benefits:

1. In case of life Assured’s death during the paying term, the basic sum assured+vested Bonus upto date of death is paid.

On Death of Life Assured (After Maturity Date of the Policy)

1. In case of life Assured’s death after the premium paying term, an amount equal to Sum Assured is paid.

Riders :

Accidental Death Benefit(ADB) with additional price ( Accidental Benefits is available upto age 70, irrespective of Premium Paying Term, by Payment of additional premium. Maximum ADB Sum Assured Upto Rs 1,00,00,000.)

First Policy Issued Date: 2065/03/04
* Terms and Conditions will be applicable.

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