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 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
- 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.
- 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 :