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Single Pemium Endowment (917)

50,000.00

Single Premium Endowment Plan (917) is a single premium, non-linked, with profits Endowment Plan.

Description

Plan :Single Premium Endowment (917)

Product Summary :
Single Premium Endowment Plan (917) is a single premium, non-linked, with profits Endowment Plan.

Premium Payment Mode:
Single Premium

Term :
10 to 25 Years

Minimum Entry Age :
90days Completed

Maximum Entry Age :
65 Year (Nearest Birthday)

Maximum Maturity Age :
75 Year

Minimum Sum Assured :
50,000

Maximum Sum Assured :
NO LIMIT (Depending upon Income)

Policy Benefits :
On Death :
On Death after commencement of risk: Sum Assured + Vested Bonus + FAB if any
On Death before commencement of risk: Return of Single Premium excluding taxes and Extra Premium.

On Survival :
On survival Sum Assured + Vested Bonus + FAB if any.

Surrendered Value :
The Policy can be surrendered at any time during the policy term subject to realization of the premium cheque.

Loan :
Loan Facility is available under this plan, after completion of one policy year.

Income Tax Benefit :
• u/s 80C up to 10% of SA.

Additional information

Plan

Single Premium Endowment (917)

Product Summary

singlepremiumendowment

Premium Paying Mode

singlepremium

Term/PPT

10 to 25 Years

Minimum Entry Age

90days Completed

Maximum Entry Age

65 Year (Nearest Birthday)

Minimum Sum Assured

50,000

Maximum Sum Assured

NO LIMIT (Depending upon Income)

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