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Single Premium Endowment

50,000.00

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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
Return of Single Premium excluding taxes and Extra Premium.

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:

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.

Proposal Form : 300/340 shall be used under this plan.

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)

Policy Benefits on Death

singlepremiumendowment

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 at any time after completion of one policy year.

Proposal Form

300/340 shall be used under this plan.

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