| Insurance Type |
Exclusive plan for exclusive people |
| Min/Max age at entry |
18/65 years |
| Min/Max term |
5-25 years |
| Maximum maturity age |
75 years |
| Minimum sum assured |
Rs 500,000 + in multiples of Rs 100,000 |
| Payment Mode |
All |
| Rebate for mode |
Yearly 2% | Half-yearly 1% |
| Policy loan |
Yes |
| Housing loan |
Yes |
| Double Accident Benefit |
Yes, Maximum Limit Rs 25 lakh (inclusive) |
| For term rider |
| Min/Max age |
18/50 years |
| Max age at maturity |
60 years |
| Min/Max sum assured |
Rs 100,000 / Maximum sum assured up to twice the sum
assured under new Jeevan Shree-I plan subject to a maximum
of Rs 25 lakhs overall limit taking all term rider sum
assured and term assurance option under new Jeevan Shree-I
plan under consideration. |
| Tax Benefits |
Under Section 88 and Section 10 (10D) |
Features
- Maturity: Sum Assured + Guaranteed Addition (@Rs
50 per 1,000 sum assured per annum for first five
years and declared bonus there after
- Term Assurance Option (Rider): The choice of additional
death cover by paying additional premium. An amount
equal to the term assurance sum assured is payable
on death during the policy term. Guaranteed or Loyalty
additions will not apply to the Term Rider Sum Assured.
|
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