Asian Limited Payment Endowment Plan (Jeevan Ratna)
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
- Burden of frequently premium payment at several period of time can be minimized.
- Minimum age at entry: 11 years
- Maximum age at entry: 60 years
- Maximum Policy Maturity Age : 70 years
- Policy Term: 5,15,20,25 or 30 years
- Minimum Sum Assured: Rs. 50000
- Maximum Sum Assured: According to the financial condition of the life to be assured.
- Premium Paying Mode: Yearly, Half-yearly, Quarterly.
Extras/Rebates of Sum Assured Amount:
Rebates on Large Sum Assured
- SA Rs. 201,000 to Rs 500,000 Rs 1 in Basic Premium
- SA Rs. 501,000 and Above: Rs 2 in Basic Premium
Rebates on Mode of Payment
- Yearly : Less 2%
- Half Yearly : Less 1%
- In case of Death of the Life Assured any time after commencement of risk, full sum Assured with the vested bonuses will be paid.
- ADB, ADB+PTD+PWB with additional price
First Policy Issued Date :