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SUITABILITY Specially designed for childs education / marriage Specially designed for childs education / marriage Good policy for persons having children.

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Presentation on theme: "SUITABILITY Specially designed for childs education / marriage Specially designed for childs education / marriage Good policy for persons having children."— Presentation transcript:

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2 SUITABILITY Specially designed for childs education / marriage Specially designed for childs education / marriage Good policy for persons having children less than 10 years Good policy for persons having children less than 10 years

3 OTHER DETAILS Convenient term can be chosen to coincide the maturity of policy to the childs marriageable age or for higher education of child. Convenient term can be chosen to coincide the maturity of policy to the childs marriageable age or for higher education of child. The proposer (father / mother) shall have to pay premium till maturity or early death. The proposer (father / mother) shall have to pay premium till maturity or early death.

4 DEATH BENEFIT Future premiums are waived Future premiums are waived Term rider, if availed, benefits will be given. Term rider, if availed, benefits will be given.

5 MATURITY BENEFIT On survival upto date of maturity, an amount equal to sum assured plus vested bonus plus final additional bonus, if any, is payable, provided policy is in full force. On survival upto date of maturity, an amount equal to sum assured plus vested bonus plus final additional bonus, if any, is payable, provided policy is in full force.

6 ELIGIBILITY CONDITIONS MIN AGE AT ENTRY MIN AGE AT ENTRY MAX AGE AT ENTRY MAX AGE AT ENTRY MAX MAT AGE MAX MAT AGE POLICY TERM POLICY TERM SUM ASSURED SUM ASSURED 18 YRS COMPLETED 18 YRS COMPLETED 60YRS (NBD) 60YRS (NBD) 70YRS (NBD) 70YRS (NBD) 5YRS TO 25YRS 5YRS TO 25YRS MIN AND MULTIPLES OF 5000 THEREAFTER. MIN AND MULTIPLES OF 5000 THEREAFTER.

7 ELIGIBILITY FOR TERM RIDER MIN AGE AT ENTRY MIN AGE AT ENTRY MAX AGE AT ENTRY MAX AGE AT ENTRY MAX MAT AGE MAX MAT AGE MIN SUM ASSURED MIN SUM ASSURED MAX SUM ASSURED MAX SUM ASSURED 18 YRS COMPLETED 18 YRS COMPLETED 50 YRS (NBD) 50 YRS (NBD) 60 YRS (NBD) 60 YRS (NBD) RS 1 LAKH RS 1 LAKH EQUAL TO BASIC SUM ASSURED SUB TO OVERALL LIMIT OF 25 LAKHS. EQUAL TO BASIC SUM ASSURED SUB TO OVERALL LIMIT OF 25 LAKHS.

8 SALIENT FEATURES ….. FOR UNDERWRITING BASIC TERM RIDER WILL BE CONSIDERED. FOR UNDERWRITING BASIC TERM RIDER WILL BE CONSIDERED. DATING BACK IS ALLOWED WITHIN THE SAME FINANCIAL % DATING BACK IS ALLOWED WITHIN THE SAME FINANCIAL % NO REBATE FOR CEIS. NO REBATE FOR CEIS. GRACE PERIOD 30 DAYS GRACE PERIOD 30 DAYS LOAN IS PERMISSIBLE LOAN IS PERMISSIBLE

9 THANK-YOU


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