Asian Endowment & Whole Life (SUKHI JIVAN)

Asian Endowment & Whole Life (SUKHI JIVAN)

Salient Features :

  • This policy will acquire paid-up value or surrender value.
  • This policy will be eligible for loan after the payment of 3 annual installment and completion of 3 years
  • This Policy will have maturity value
  • This policy will participate in profits
  • Minimum age at entry: 16 years
  • Maximum age at entry: 65 years
  • Term: 5 to 54 years
  • Maximum Maturity Age : 70 Years
  • Minimum Sum Assured: Rs. 50,000
  • Maximum Sum Assured: According to the financial condition of the life to be assured.
  • Premium Paying Mode: Yearly, Half-yearly, Quarterly.

Rebates:
Rebates on Large Sum Assured

  • Rs. 201,000 to 3,00,000:Rs. 1 on SA per thousand on Basic Premium
  • Rs. 301,000 and Above: Rs. 2 on SA per thousand on Basic Premium

Rebates on Mode of Payment

  • Yearly : 2% Discount
  • Half Yearly : 1% Discount

Benefits:
Death Benefits:

  • In case of life Assured’s death during the paying term, the basic sum assured+vested Bonus upto date of death is paid.

On Death of Life Assured (After Maturity Date of the Policy)

  • In case of life Assured’s death after the premium paying term, an amount equal to Sum Assured is paid.

Riders :

  • Accidental Death Benefit(ADB) with additional price
    ( Accidental Benefits is available upto age 70, irrespective of Premium Paying Term, by Payment of additional premium. Maximum ADB Sum Assured Upto Rs 1,00,00,000.)

First Policy Issued Date :

  • 2065/03/04

Asian Endowment & Whole Life (SUKHI JIVAN)

Salient Features : This policy will acquire paid-up value or....