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This is a limited premium non-participating money-back endowment plan. Premium refers to base premium which excludes any extra premium, rider premium and applicable taxes on premium. | |
Minimum Issue Age | 15 Years (Nearer birthday) where the risk commences immediately. |
Maximum Issue Age | 55 Years (Nearer birthday) |
Minimum Sum Assured | Rs 75000/- and thereafter in multiples of Rs 5000/- |
Maximum Sum Assured | None, subject to underwriting |
Minimum Policy Term | 15 years and 20 years. |
Maximum Policy Term | Policy term is fixed for 15 years and 20 years subject to the condition that maturity age should not exceed 70 years (nearer birthday). |
Premium Paying Term | The premium paying term is 10 years for 15 years policy term and 15 years for 20 years policy term |
Maximum Coverage Age | 70 Years |
Modes of Premium payment | Yearly, Half-yearly, Quarterly and Monthly. |
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