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Jeevan Samridhi
Jeevan Samridhi
Jeevan Samridhi
Look at the following to believe the great benefits that this plan has to offer:
You can choose to pay a single premium or opt for a 5 year premium term in yearly, half
yearly, quarterly & monthly (ECS) modes.
This plan levies very moderate allocation charges, which means that your premium
investment gets more units for you.
You accumulate fund units with each premium payment. Nominal deductions in units are
made to cover the administration costs and your life insurance risk.
At the end of the term you get the fund value. The fund value is calculated on the
basis of HIGHEST NAV during the first 100 months or on the date of maturity which
is greater.
On death the nominee will be paid full sum assured OR the fund value as per the NAV on
the date of claim, whichever is higher.
Accident Death benefit rider available at a discounted rate of Rs. 0.50 per 1000 of sum
assured.
You can do Partial Withdrawals at any time after the fifth anniversary of the policy.
Upto 2 partial withdrawals are allowed in each year.
The policy can be surrendered without any surrender charge after the fifth anniversary
of the policy. Surrender value will be the fund value of the balance units as per the NAV
on the date of surrendering.