Benefits
Death Benefit
Survival Benets
Maturity Benefits
Participation in Profits
Eligibility Conditions
| Minimum Basic Sum Assured | Rs. 100,000 | |
| Maximum Basic Sum Assured | No Limit | |
| Minimum Age at entry | 13 years (completed) | |
| Maximum Age at entry | 45 years (nearer birthday) | |
| Maximum Maturity Age | 70 years (nearer birthday) | |
| Policy Term | 25 years | |
| Premium Paying Term | 20 years | |
Payment Options Available
| Mode of Instalment payment | Minimum instalment amount | |
| Monthly | Rs 5,000/- | |
| Quarterly | Rs 15,000/- | |
| Half-Yearly | Rs 25,000/- | |
| Yearly | Rs 50,000/- | |
Exclusion:
Suicide Clause: i. The policy becomes void if the Life Assured, whether sane or insane, commits suicide within 12 months from the risk commencement date. In such cases, the Corporation will not entertain any claim under the policy, except for a refund of 80% of the total premiums paid, provided the policy is active. ii. If the Life Assured, whether sane or insane, commits suicide within 12 months from the date of revival, the payout is the higher of 80% of the total premiums paid until the date of death or the surrender value as of the date of death. No other claims are entertained under the policy.
This clause does not apply to policies that have lapsed without acquiring paid-up value, for which no payout is made.
Please note that the mentioned premiums do not include any taxes, extra premiums, or rider premiums, except for the Term Assurance rider, if applicable.
