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Plan
149 - Jeevan Anand - With Profits |
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| Insurance Type |
Blend of endowment and whole life plan |
| Min/Max age at entry |
18/65 years |
| Min/Max term |
5-57 years |
| Maximum maturity age |
75 years |
| Minimum sum assured |
Rs 100,000 |
| Payment Mode |
All |
| Rebate for mode |
Yearly 3% | Half-yearly 1.5% |
| Policy loan |
Yes |
| Housing loan |
Yes |
| DAB |
Included in premium. Maximum Rs. 5 lakh (exclusive) |
| Tax Benefits |
Under Section 88 and Section 10 (10D) |
Features
- Basically the plan is a combination of the whole
life plan and endowment plan
- On survival of the term, Basic sum assured + Reversionary
bonus + Final Additional Bonus, if any, is payable,
but the risk cover on the life continues even after
maturity throughout the life.
- Premiums are payable during the Endowment Term
or until death whichever is earlier.
- Death Benefit: Sum Assured along with vested bonuses
are payable on death during the term and policy ceases.
An amount equal to sum assured is payable if death
occurs after the premium paying term.
- Double Accident Benefit is available during the
premium paying term and thereafter up to age 70
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Here |
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