Plan Highlights
Features of Jeevan Lakshya – 933
1) Limited Premium Plan
2) Unique in-built Family Income Benefit
3) Range of term to choose from to meet specific need.
4) Options to choose Premium payment frequency.
5) Term Insurance & ADDBR available for enhanced protection.
6) Income tax savings on PAID PREMIUMS
7) With Profit plan with Reversionary Bonus and FAB
8) Customize Tax Free maturity.
9) Risk cover to life assured.
10) Liquidity is available after 2 full years premium payment.
11) Option to take Maturity and Death Benefits in installments
Benefits:-
Maturity : Basic Sum Assured Plus Vested bonus plus F.A.B. (if any)
Death : 10% of Basic Sum Assured every year on policy anniversary after the date of death till maturity as family income benefit. An Absolute amount equal to 110% Of Basic Sum Assured shall be payable on the maturity due date. Vested bonus and FAB (if any) included in the death benefit and paid on the due date of maturity.
Eligibility Conditions: –
Suitable to : Wide range of Ages from 18 year completed to 50 years nearer birthday. (Same age range for Riders)
Term available : 13 years to 25 Years.
Basic Sum Assured : Minimum is Rs. 1,00,000
Maximum Basic Sum Assured – No Limit (Basic Sum Assured in multiple of Rs. 10,000.)
ADDBR : Sum Assured for Accidental death and disability benefit rider is available up to the Basic Sum Assured or 1Crore whichever is less (in multiple of 10,000).
Term Rider Sum Assured : Term Rider Sum Assured Available up to the Basic Sum Assured or 25,00,000 whichever is less (in multiple of 10,000).
Other Features: –
Mode of Premium Payment : Yearly, Half Yearly, Quarterly and Monthly (Only ECS or SSS)