| Particulars | Description |
|---|---|
| Age of Entry | 90 days (completed) to 65 years (nearest birthday) |
| Age at maturity | 18 to 75 years |
| Policy Term | 10 to 25 years |
| Premium mode | Single premium only |
| Basic Sum Assured | 50000 and above ( in multiples of 5000) – no upper limit |
Sum assured + Simple reversionary bonuses + Final additional bonus ( if any).
1. After commencement of risk – Sum assured plus vested simple reversionary bonuses and final additional bonus, if any.
2. Before commencement of risk – Return of single premium excluding taxes and extra premiums, if any.
NB: in case the age at entry of life assured is less than 8 years, risk will commence either 2 years from the doc or policy anniversary after completion of 8 years of age whichever is earlier, for others risk shall commence immediately.
1. Available after completion of 1 policy year.
2. Amount of loan will depend on year of policy and policy term.
3. The maximum loan shall be granted as a percentage of surrender value (sv).
Premium paid under this plan is eligible for TAX rebate under section 80c. Maturity under this plan is free under sec 10(10D).
