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Asian Moneyback-18

Asian  Moneyback-18

Salient Features :

* This policy will acquire paid-up value or surrender value
* This policy will be eligible for loan
* This Policy will have maturity value
* This policy will participate in profits

  • Minimum age at entry: 16 years
  • Maximum age at entry: 52 years
  • Term: 18 years
  • Maximum Maturity Age: 70 Years
  • Minimum Sum Assured: Rs. 50,000
  • Maximum Sum Assured: According to the financial condtion of the life to be assured.
  • Premium Paying Mode: Yearly, Half-yearly, Quarterly.


Rebates:

Rebates on Large Sum Assured

  • Rs. 100,000 to 3,00,000: Rs 1 in Basic Premium
  • Rs. 301,000 and Above: Rs 2 in Basic Premium

Rebates on Mode of Payment

  • Yearly : Less 2%
  • Half Yearly : Less 1%

Benefits:

On Survival to:

  • 6 yrs from commencement: 20% of Basic Sum Assured
  • 12 yrs from commencement: 30% of Basic Sum Assured
  • At Maturity, (18 years): 50% of Basic Sum Assured + Bouns


On Death of Life Assured: (Before Maturity Date of the Policy);

  • Full Sum Assured + Bouns (without deduction of Survival Benefits already paid)

Riders:

  • ADB,ADB+PTD+PWB with additional Price.

First Policy Issued Date :

  • 2066/02/20