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Mar 18
Amulya Jeevan Beema (Endowment Cum Whole Life Plan)
“Amulya Jeevan Beema” is a simple Whole life cum endowment policy. The plan provides financial security up to 100 years of your age. Insured can enjoy life insurance benefit at maturity with lump sum amount of Sum Assured and Bonus vested in policy.Thenafter,continued insurance coverage of Sum Assured up to age of 100 years.
It Offers:
- Lifelong protection
- Security to fulfill financial obligation.
- Tax Benefit: 40,000.00 annual premium is deductible while computing your annual taxable income.
- Additional Coverage throughout policy term in terms of Riders: Accidental Death Benefit (ADB). Total Permanent Disability (TPD) Benefit due to accident and Premium Waiver Benefit (PWB)
- Sharing of Profit and vested in policy
Key Features:
| Age at entry | |
| Minimum Age | 16 Years |
| Maximum Age | 65 Years |
| Sum Assured | |
| Minimum Sum Assured | 1 lakhs |
| Maximum Sum Assured | No Limit |
| Policy Term | |
| Minimum Term | 5 years |
| Maximum Term | 59 years |
| Premium Discount on Mode of Premium Payment | |
| Yearly Mode | 2{3eaecfa82e4f4eff8133e5df53988f0f62fa7bf878f05d2a3f199ddb687cbe0d} |
| Half Yearly Mode | 1{3eaecfa82e4f4eff8133e5df53988f0f62fa7bf878f05d2a3f199ddb687cbe0d} |
| Quarterly Mode | Nil |
| Monthly Mode | 5{3eaecfa82e4f4eff8133e5df53988f0f62fa7bf878f05d2a3f199ddb687cbe0d} extra charge |
| Sum Assured Discount | |
| Sum Assured 200,000.00 to 299,999.00 | Rs 1 per thousand |
| Sum Assured 300,000 and above | Rs 2 per thousand |
| Rider Sum Assured Limit | |
| Accidental Death Benefit (ADB) | Equal to Base Sum Assured maximum up to 50,00,000 |
| Total Permanent Disability (TPD) | Equal to Base Sum Assured maximum up to 50,00,000 |
| Premium Waiver Benefit (PWB) | Equal to Base Sum Assured maximum up to 50,00,000 |
| Critical Illness (CI) | Equal to Base Sum Assured maximum up to 10,00,000 |
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Product Launch Date:2074-07-30