JEEVAN ANAND
Entry age-18 yrs Max Age – 65 yrs Min Premium Term –
5 yrs
Min SA - 1 lakhs Max
SA – Any Amount Max
Premium Term – 57 yrs
This plan is a combination of
whole life and end.
Even after the premium paying
term is over, risk cover continues till the death of the policy holder.
Accidental benefit is available
during premium paying term and there after upto age 70.
EX : case 1 : Mr Peter aged 25
yrs takes jeevan anand policy for 25 yrs for 5 laks SA. Premium – 20250. On
maturity Mr peter will receive Rs 10,87,500 How ever, the policy risk continues
till Mr peter is alive.
Case 2 : Mr Peter dies ( after
PPT is over ) at the age of 60 Yrs , his nomine will get additional rs 5 lakhs
equal to SA amount, since Mr Peter has already recived the bonus.
Case 3 : Mr Peter dies during
premium paying term, his nominee will get Rs 5 lakhs + accured bonus till Mr
Peter death.
JEEVAN SAATHI
Min age entry – 20 yrs Min term – 15
Yrs Min
SA – 50,000
Max age – 50 yrs Max
term – 30 yrs Max
SA – Any amount
Suitable for husband and wife who
wants joint life risk cover under a single policy.
Maturity Benefits – If both
husband and wife are alive upto maturity, SA+bonus is given.
EX : Mr Peter and Mrs Sony are
husband and wife , they have taken a Jeevan Sathi policy for 20 yrs term for Rs
2 Lakhs SA.
Case 1 : Mr Peter and Mrs Sony
survies till maturity, then they together gets Rs 390000 as maturity amt.
Case 2 : Unfortunatly if one of
them ie either Mr Peter or Mrs Sony expires after sometime , the survivor gets
Rs 2 lakhs (with out bonus ) immediately and no need to pay furture premiums.
Again the surivivor gets Rs 376000 at the end of the term when survivor lives
teill end of the term.
Case 3 : If the survivor dies
before maturity term then nominee will be paid SA + bonus.
Case 4 : In case both expires
due to some accident and if the they die with in 180 days from the date of
accident then the nominee will receive four times of SA + bonus accured till
their death.
JEEVAN ANKUR
Child age – 0 – 17 years.
The risk covers under the plan
will be on th life of the parent who will the life assured.
Child will be the nominee under
the plan, the term of the policy can be chosen so that in the date of maturity,
age of the child is in the range of 18 to 25 years.
EX : Mr Peter aged 35 yrs who
has a child aged 0 yrs taken a Jeevan Ankur policy for 25 yrs for SA of Rs 5
lakhs opts for accidental benefit, he pays yearly premium of Rs 16700 on his
survivaltill maturity he will recive a sim of Rs 5 lakhs + Loyalty addition.
Case 2 : In the event of Mr
Peter natural death during his 40 th year of age then his child will get Rs 5
lakhs immediately, apart from this 10% of SA ie Rs 50000 per year for next 20
years ie Rs 10 lakhs will be paid till the end of the policy term. One more sum
of Rs 5 lakhs will be paid at the end of the policy term
.
Case 3 : In case of accidental
death of Mr Peter a total suk of Rs 25 lakhs which include Rs 5 lakhs will be
paid along with Loyalty addition.
MONEY BACK POLICY
Min age of entry – 13 yrs Min SA – Rs 50000 Policy term – 20 yrs
Max age – 50 yrs Max
SA – Rs any amount
EX : Mr Peter takes a money back
policy for 20 yrs for Rs 5 lakhs SA , he will receive Rs 1 lakh each at the end
of 5th , 10th , 15th years on maturity in the
20th year he will receive balance of Rs 2 lakhs + Bonus of 390000.
If Mr peter dies during the 12th year his nominee will get Rs
735000. The survival benefits aready paid during 5th,10th
years will not be deducted.
NOTE : ALL THE VALUES GIVEN ABOVE ARE APPROXIMATE VALUES.
ALL THE PLANS ARE CLOSING BY 31ST OF DECEMBER 2013.
NOTE : ALL THE VALUES GIVEN ABOVE ARE APPROXIMATE VALUES.
ALL THE PLANS ARE CLOSING BY 31ST OF DECEMBER 2013.
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