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Plan No. 827
  • It’s a regular premium paying Non-linked with profits, Endowment Assurance Plan
  • This plan shall be available to standard lives only under non-medical limit and the total sum assured under all the policies issued to an individual under this plan shall not exceed Rs. 2 lacs.
  • Benefits :
    • Benefits payable on death:
      On death of the Life Assured during the policy term “ Sum Assured on death “ shall be payable, which is the highest of
      • Basic Sum Assured or
      • 10 times of annualized premium; or
      • 105 % of all the premiums paid as on date of death
    • Benefits payable on Maturity :
      On Survival to the end of the policy term Basic Sum Assured along with Loyalty Addition, if any, shall be payable.
    • Participation in profits :
      Provided the policy is in full force, then depending upon the corporation’s experience the policies under this plan will be eligible for Loyalty Addition. The Loyalty Addition if any, is payable at such rate and on such terms as may be declared by the corporation on death after completion of 5th policy year or on policyholder surviving to the maturity.
Eligibility Criteria
Min Max.
Age 5 55
Term 10 20
Sum 75,000 200,000
Premium Modes Yearly, Half Yearly, Quarterly, & Monthly
Yearly Premium For 200000 Sum Assured
Age 10 Years 15 Years 20 Years
8 16536 9833 6589
15 16576 9872 6638
20 16605 9902 6668
25 16615 9921 6687
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