Plan 147 - New Jeevan Suraksha-I
Min/Max age at entry 18/65 years
Vesting age 50-79 years last birthday
Deferment period 2-35 years
Min. Notional Cash option Rs 50,000 for regular premium policies
Min. single premium Rs 10,000
Min. annual premium Rs 2,500
Tax Benefits Under Section 80CCC(1) and Section 10 (23AAB)
Features
  • Options on vesting:
  • Annuity for life
  • Annuity for life with guaranteed period of 5, 10, 15, 20 years
  • Joint life and last survivor pension to the pensioner and his/her spouse
  • Life annuity with return of purchase price
  • Life annuity with annuities increasing at a simple rate of 3% per annum
  • Rebates: Premium and mode rebates available
  • Term assurance rider available - providing for risk cover
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