Jeevan Lakshya (933)


Product Summary:
This is a limited premium paying term conventional With-Profits Endowment Assurance plan where premium paying term is less than policy term by three years.
Premium Payment Mode:
Yearly, Half yearly, Quarterly, Monthly(ECS)
Term:
13 to 25 Years
P.P.T.
(Policy Term – 3 Years Less)
Minimum Entry Age:
18Years Completed
Maximum Entry Age:
50Years (Nearest Birthday)
Maximum Maturity Age:
65 Year (Nearest Birthday)
Minimum Sum Assured:
1, 00,000
Maximum Sum Assured:
NO LIMIT (Depending upon Income)Maximum Accidental Death and Disability Benefit Rider up to age 65.
Policy Benefits:

On Death:
Benefits payable on death:Sum Assured on Death + Bonuses & Final Additional Bonus, if any, shall be payable in following manner.Annual Income Benefit equal to 10% of the Basic Sum Assured (till policy anniversary prior to date of maturity)Assured Absolute Amount of 110% of Basic Sum Assured, payable (on due date of maturity)Along with Bonuses & Final Additional Bonus, if any, on maturity. (On due date of maturity)
On Survival:
On survival Basic Sum Assured + Vested Bonus + FAB if any.

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