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Anmol Jeevan-I


Anmol Jeevan-I



Table No. 164
( Term Assurance Plan)


You realise that life is full of uncertainties. You want to be financially prepared to ensure that life continues smoothly for your family in the event that some thing unfortunate befalls you. Term assurance is the answer; an ideal plan for providing insurance protection at a low cost. You can choose from 2 options under this category viz Single premium Term Insurance, which involves a one time payment of premium and Regular Premium Level Term Assurance in which premiums are paid throughout the term of the policy for 5 to 25 years.  The main focus of this plan is on protection to your family in the event of your death at a very low cost.

Benefits

On Maturity - Nil.

On Death    - Sum Assured is paid to your beneficiary.

Features

Ø  Minimum Age at Entry     -  18 yrs (Completed)

Ø  Maximum Age at Entry    -  55 yrs (nearer Birth Day)

Ø  Maximum Maturity Age   -  65 yrs

Ø  Minimum Sum Assured     -  5,00,000

Ø  Maximum Sum Assured    -  24,00,000 (In Multiple of Rs. 1,00,000)

Ø  Modes Allowed       - Yearly, Half yearly and Single Premium

Ø  No Loan available

Ø  Policy will not acquire any paid up value

Ø  No surrender value will be available under this plan