Asian Moneyback-12

Asian Moneyback-12

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: 58 years
  • Term: 12 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. 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:

  • 4 yrs from commencement: 20% of Basic Sum Assured
  • 8 yrs from commencement: 30% of Basic Sum Assured
  • At Maturity (12 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 :

  • 2066/02/06

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