Two Year Temporary Assurance Policy

2 Year Temporary Assurance

Table No. 43

(Single Premium Term Assurance without Profit)

This Plan is designed to cater to the need of insuring public who require risk cover for short period of two years or less. The Sum Assured will be payable only in the event of the Life assureds death occurring within the selected period from the commencement of the Policy. A single premium is required to be paid at the outset.

Benefits:

Ø  Maturity Benefits:

ü  No Maturity Benefits available.

Ø  Death Benefits:

ü  Sum Assured is receivable on death

Ø  Mode Benefit:

ü  No Mode Benefits

Features

Ø  Minimum Sum Assured - Rs. 50,000/-

Ø  No Maximum Limit

Ø  Minimum age at entry - 18 years LBD

Ø  Maximum age at entry - 60 years NBD

Ø  Maximum age at maturity -62 years

Ø  Allowed Terms - 0.5, 1, 1.5, 2

Ø  Minimum Term - 0.5 year

Ø  Maximum Term - 2 years

Ø  Modes Allowed - Single Premium Only

Ø  Policy Loan available

Ø  Age Proof Compulsory