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PLAN - 102 JEEVAN KISHORE WITH PROFITS |
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| INSURANCE TYPE |
|
CHILDREN PLAN |
| MINIMUM AGE ENTRY |
|
00 YEARS LBD |
| MAXIMUM AGE ENTRY |
|
12 YEARS LBD |
| MINIMUM TERM |
|
15 YEARS |
| MAXIMUM TERM |
|
35 YEARS |
| MINIMUM MATURITY AGE |
|
20 YEARS |
| MAXIMUM MATURITY AGE |
|
45 YEARS |
| MAXIMUM SUM ASSURED |
|
WITH RESTRICTION Rs. 15 LACS |
| MINIMUM SUM ASSURED |
|
Rs. 50,000 |
| MODE |
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ALL EXCEPT SSS + SINGLE PREMIUM |
| REBATE FOR MODE |
|
ALL YLY: 3%, HLY : 1.5 % |
| MEDICAL |
|
UPTO 8 LACS NO MEDICAL |
| FEMALE(PROPOSER) |
|
CATEGORY – I, II |
| AGE PROOF |
|
STD |
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SCHOOL GOING PROOF IF AGE IS 5 YEARS OR MORE |
| DAB |
|
YES, WITH RESTRICTION |
| POLICY LOAN |
|
NO |
| HOUSING LOAN |
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NO |
| ASSIGNMENT |
|
NO |
| FORM NO. |
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360 UPTO AGE 9 YEARS |
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340 AGE 10 TO AGE 12 YRS |
| BENEFITS |
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This plan is specially designed for children Between 1 to 12 years. Risk coverage starts on completion of 7 years of age or 2 years from commencement of the policy whichever is later |
| (A) ON MATURITY |
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SUM ASSURED + BONUS |
| (B) ON DEATH |
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- NATURAL AS WELL AS ACCIDENTAL : S.A. + BONUS
- DEATH DURING DEFERMENT PERIOD: ONLY REFUND OF PREMIUMS
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| (C) PREMIUM WAIVER BENEFIT: |
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If proposer dies before completing 18 years of age of the child, then premium will stop upto 18 years of child |
| RISK COVER OF THE CHILD: |
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AGE(LBD) RISK COMMENCE FROM 01 TO 04 YEARS - AFTER 7 YEARS OF AGE 05 TO 10 YEARS - Second policy anniversary from date of commencement 11 years - First policy anniversary from date of commencement 12 years - Immediately |
| PARENTS INSURANCE NOT INSISTED UPTO 2 LAKH S.A. * ACCIDENT BENEFIT FOR 1 LAKH S.A. AUTOMATICALLY AFTER AGE 25 YEARS. |