| Jeevan Anand |
 |
This policy is a combination of a whole life plan and with profit endowment plan. It is suitable for people who wish to provide for their dependents insured sums, limit the premium payment term to their earning period and at the same time provide for their old age.
 |
The plan combines the virtues of both whole
life plan and endowment plan. |
|
Under the plan, premiums are limited to the term chosen
and benefits are payable on the date of maturity. But
the insurance cover on the life assured continues till
death, like a whole life policy. |
|
Bonus accrues during the premium paying term and is
payable at the end of the premium paying term or on earlier
death along with Final Additional Bonus, if any. No Bonus
is paid on death after the premium paying term. |
Benefits
a) On Survival to maturity
Full sum assured along with Bonus and Final Additional Bonus (if any) is payable. Policy does not cease and insurance cover continues till death.
b) On Death within the term:
Full sum assured along with the bonus is payable and policy ceases.
c) On death after the term of the policy:
Full sum assured is payable again.
Other features of this plan
Portability
Loan
facility
Accident
Benefit
Flexible
options in Premium |
| |
| |
|
|
 |
| |
|
Child Education
/ Marriage Plans