This is a limited premium paying term conventional With-Profits Endowment Assurance plan where premium paying term is less than policy term by three years.

Premium Payment Mode                  : Yearly, Halfly, Quarterly, Monthly (ECS)

Term                                                 : 13 to 25 Years

PPT                                                   : (Policy Term - 3) Years

Minimum Entry Age                        : 18Years Completed

Maximum Entry Age                       : 50Years (Nearest Birthday)

Maximum Maturity Age                  : 65 Year (Nearest Birthday)

Minimum Sum Assured                   : 1,00,000

Maximum Sum Assured                   : NO LIMIT (Depending upon Income)

Maximum Accidental Death and Disability Benefit Rider up to age 65.
 

Policy Benefits :
 

On Death :

Benefits payable on death:
Sum Assured on Death + Bonuses and Final Additional Bonus, if any, shall be payable in following manner.

Annual Income Benefit equal to 10% of the Basic Sum Assured (till policy anniversary prior to date of maturity).

Assured Absolute Amount of 110% of Basic Sum Assured, payable (on due date of maturity). Along with Bonuses and Final Additional Bonus, if any, on maturity. (on due date of maturity).

On Survival :
On survival Basic Sum Assured + Vested Bonus + FAB if any.

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided atleast 2 full years premiums have been paid.

Loan :
Available after payment of premium of 2 full years.

Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).

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