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  • Jeevan Utsav Leaflet

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    This document describes a limited premium whole life insurance plan that offers guaranteed benefits. Some key details: - It is a premium paying term plan that provides guaranteed additions of Rs. 40 per 1000 sum assured annually. - The plan offers two income benefit options - regular income of 10% of basic sum assured annually or a flexible income benefit with the ability to defer and accumulate income at 5.5% annual interest. - Death benefit is equal to basic sum assured plus guaranteed additions. All benefits continue even if the policy becomes paid up, at reduced values. - The plan provides guaranteed income for life starting at age 18, guaranteed risk cover for life, and flexibility to withdraw income accumulated under the flexible option

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    This document describes a limited premium whole life insurance plan that offers guaranteed benefits. Some key details: - It is a premium paying term plan that provides guaranteed additions of Rs. 40 per 1000 sum assured annually. - The plan offers two income benefit options - regular income of 10% of basic sum assured annually or a flexible income benefit with the ability to defer and accumulate income at 5.5% annual interest. - Death benefit is equal to basic sum assured plus guaranteed additions. All benefits continue even if the policy becomes paid up, at reduced values. - The plan provides guaranteed income for life starting at age 18, guaranteed risk cover for life, and flexibility to withdraw income accumulated under the flexible option

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    2K views2 pages

    Jeevan Utsav Leaflet

    Uploaded by

    photonxcom
    This document describes a limited premium whole life insurance plan that offers guaranteed benefits. Some key details: - It is a premium paying term plan that provides guaranteed additions of Rs. 40 per 1000 sum assured annually. - The plan offers two income benefit options - regular income of 10% of basic sum assured annually or a flexible income benefit with the ability to defer and accumulate income at 5.5% annual interest. - Death benefit is equal to basic sum assured plus guaranteed additions. All benefits continue even if the policy becomes paid up, at reduced values. - The plan provides guaranteed income for life starting at age 18, guaranteed risk cover for life, and flexibility to withdraw income accumulated under the flexible option

    Copyright:

    © All Rights Reserved
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    of 2

    LIMITED PREMIUM PLAN WITH GUARANTEED ADDITION THROUGHOUT

    2
    PREMIUM PAYING TERM, WHOLE LIFE INSURANCE PLAN
    SURVIVAL BENEFIT

    1
    Option 1(Income Benefit): 10% of
    BSA @ End of each year.
    Option 2(Flexi - Income Benefit):
    10% of BSA @ End of each year with GURANTEED ADDITION
    Flexibility to defer and accumulate
    benefits @ 5.5% Compounding @ Rs. 40/- per 1000 BSA during
    Yearly. PPT
    Withdrawal: 75% of Accumulated
    Benefit once in a Year
    DEATH BENEFIT
    Sum Assured on Death +
    Guaranteed Addition
    BENEFITS & FEATURES PAID UP

    3
    Min Age At Entry: 90 Days
    All features continue in
    Max Age At Entry: 65 Years
    Proportionate values if Paid Up
    Max Age at the end of PPT: 75 Yrs
    Value is equal or More Than Rs.
    PPT: 5-16 Yrs
    2,00,000
    Deferment Period:
    5 Yrs PPT: 5 Yrs
    6 Yrs PPT: 4 Yrs
    7 Yrs PPT: 3 Yrs
    8-16 Yrs PPT: 2 Yrs
    Min SA: Rs. 5,00,000/-
    USP

    4
    Guaranteed Benefits

    5
    Guaranteed Risk Cover for life
    Guaranteed Income for Life from 18 Years
    Flexibility to withdraw Income anytime of the year.
    Additional Liquidity through loan upto 50%
    Lowest Premium paying term.
    Broader Age Range: 90 Days-65 Years

    OTHER RIDERS AND BENEFITS


    AB & ADDB
    Critical Illness Rider
    Term Assurance Rider
    Premium Waiver Benefit
    Modes Available: Monthly(Nach/ENach), Quarterly, Half-Yearly & Yearly
    High Sum Assured Rebate
    The Corporation shall pay interest on the AGE 25
    Policyholder can
    deferred and accumulated Flexi Income.
    Prem. Paying Term 12 withdraw 75% of
    Benefits at the rate of 5.5% p.a. compounding
    the Fund Available
    yearly for completed months from its due date Sum Assured 10,00,000/- anytime during the
    till the date of withdrawal or surrender or death,
    Year
    whichever is earlier Annual Premium 86,800/-

    Accrued Interest @
    Regular Income Flexi Income Cumulative Flexi Withdrawal @ Age
    Age 5.5% in Flexi Income
    Benefit Benefit Income Benefit 60 Years
    Benefit
    38 ₹1,00,000.00 – –
    39 ₹1,00,000.00 ₹1,00,000.00 ₹5,500.00 ₹105,500.00
    40 ₹1,00,000.00 ₹2,00,000.00 ₹11,302.50 ₹216,802.50
    41 ₹1,00,000.00 ₹3,00,000.00 ₹17,424.14 ₹334,226.64
    42 ₹1,00,000.00 ₹4,00,000.00 ₹23,882.47 ₹458,109.10
    43 ₹1,00,000.00 ₹5,00,000.00 ₹30,696.00 ₹588,805.10
    44 ₹1,00,000.00 ₹6,00,000.00 ₹37,884.28 ₹7,26,689.38
    45 ₹1,00,000.00 ₹7,00,000.00 ₹45,467.92 ₹8,72,157.30
    46 ₹1,00,000.00 ₹8,00,000.00 ₹53,468.65 ₹10,25,625.95
    47 ₹1,00,000.00 ₹9,00,000.00 ₹61,909.43 ₹11,87,535.38
    48 ₹1,00,000.00 ₹10,00,000.00 ₹70,814.45 ₹13,58,349.82
    49 ₹1,00,000.00 ₹11,00,000.00 ₹80,209.24 ₹15,38,559.07
    50 ₹1,00,000.00 ₹12,00,000.00 ₹90,120.75 ₹17,28,679.81
    51 ₹1,00,000.00 ₹13,00,000.00 ₹1,00,577.39 ₹19,29,257.20
    52 ₹1,00,000.00 ₹14,00,000.00 ₹1,11,609.15 ₹21,40,866.35
    53 ₹1,00,000.00 ₹15,00,000.00 ₹1,23,247.65 ₹23,64,114.00
    54 ₹1,00,000.00 ₹16,00,000.00 ₹1,35,526.27 ₹25,99,640.27
    55 ₹1,00,000.00 ₹17,00,000.00 ₹1,48,480.21 ₹28,48,120.48
    56 ₹1,00,000.00 ₹18,00,000.00 ₹1,62,146.63 ₹31,10,267.11
    57 ₹1,00,000.00 ₹19,00,000.00 ₹1,76,564.69 ₹33,86,831.80
    58 ₹1,00,000.00 ₹20,00,000.00 ₹1,91,775.75 ₹36,78,607.55
    59 ₹1,00,000.00 ₹21,00,000.00 ₹2,07,823.42 ₹39,86,430.97
    60 ₹1,00,000.00 ₹22,00,000.00 ₹2,24,753.70 ₹43,11,184.67 ₹32,33,389
    61 ₹1,00,000.00 ₹23,00,000.00 ₹59,278.00 ₹12,37,078.53
    62 ₹1,00,000.00 ₹24,00,000.00 ₹1,27,318.99 ₹14,05,117.84
    63 ₹1,00,000.00 ₹25,00,000.00 ₹2,04,599.78 ₹15,82,399.33
    The fund accumulates till the Age of 100 Years.

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