|
PLAN - 14 ENDOWMENT
ASSURANCE POLICY - WITH PROFITS |
| |
|
|
| INSURANCE TYPE |
|
ENDOWMENT PLAN |
| MINIMUM AGE ENTRY |
|
12 YEARS NBD |
| MAXIMUM AGE ENTRY |
|
65 YEARS NBD |
| MINIMUM TERM |
|
5 YEARS |
| MAXIMUM TERM |
|
55 YEARS |
| MAXIMUM MATURITY AGE |
|
75 YEARS |
| MINIMUM SUM ASSURED |
|
DOI (DEPENDS ON INCOME) |
| MODE |
|
ALL |
| REBATE FOR MODE |
|
YLY: 3%, HLY : 1.5 % |
| NON-MEDICAL |
|
GENERAL : YES |
| |
|
SPECIAL : YES |
| FEMALE |
|
CATEGORY – I, II, III |
| AGE PROOF |
|
STANDARD OR NON STANDARD |
| DAB |
|
YES |
| POLICY LOAN |
|
YES |
| HOUSING LOAN |
|
AMOUNT EQUAL TO S.A. WOULD BE CONSIDERED FOR COVERAGE
OF HOUSING LOAN |
| FORM NO. |
|
300/340 |
| BENEFITS |
|
|
| (A) ON MATURITY |
|
SUM ASSURED + ACCRUED BONUS |
| (B) ON DEATH |
|
- NATURAL DEATH: S.A. + ACCRUED BONUS
- WITH DAB (ACCIDENTAL DEATH) DOUBLE S.A. +
ACCRUED BONUS
|
| (C) PERMANENT DISABILITY |
|
NO FURTHER PREMIUMS TO BE PAID IF PERMANENT DISABILITY
OCCURS |
| CRITICAL ILLNESS RIDER |
|
YES |
| TERM RIDER |
|
YES |
