This is a Money back policy with Limited premium payment, Non-linked, Conventional, with-profits plan.
Money Back is paid every 4th year with refund of entire premium paid on Maturity with Loyalty addition.
|Eligibility Conditions & Restrictions|
|Minimum age||:||15 years (Completed)|
|Maximum age||:||66 years for 9 years term
63 years for 12 years term
60 years for 15 years term
|Maximum maturity age||:||75 years|
|Premium term||:||9 years / 12 years / 15 years|
|Minimum Sum Assured||:||Rs.35,000 for 9 years term
Rs.50,000 for 12 years term
Rs.70,000 for 15 years term
|Maximum Sum Assured||:||No limit|
|Premium payment||:||Single premium|
|Loan||:||Eligible after 1st year|
|Surrender||:||Eligible with immediate effect|
|On Death||:||Sum Assured (1st five years)
Sum Assured + Loyalty addition (After 5 years)
|Income Tax Benefits||:||Premium paid is eligible for Tax rebate u/s 80c|
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