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Single Premium Endowment

50,000.00

This is a regular premium paying Non-linked, With-Profits, Endowment Assurance plan. This Plan is exclusively designed for MALE LIVES having Aadhaar Card issued by UIDAI. This plan shall be available to standard lives only without any medical examination andthe total Sum Assured under all the policies issued to an Individual under this plan shall not exceed Rs. 3 lacs.

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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

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.

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

Plan

Single Premium Endowment (917)

Product Summary

singlepremiumendowment

Term/PPT

10 to 25 Years

Maximum Entry Age

• 65 Years (last birthday)

Minimum Entry Age

90days Completed

Minimum Sum Assured

50,000

Maximum Sum Assured

NO LIMIT (Depending upon Income)

Policy Benefits on Death

Before Commencement of Risk: Return of Single Premium excluding taxes and Extra Premium. After commencement of risk: Sum Assured + Vested Bonus + FAB if any

On Survival

On survival Basic 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 at any time 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.

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