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Features:
Minimum age at entry (age last birthday) | 8 years for 10 years Policy Term 6 years for 12 year Policy Term The risk coverage will start immediately on policy commencement for all lives including minors |
Maximum age at entry (age last birthday) | 65 years |
Maximum Maturity Age(age last birthday) | 75 years for 10 years Policy Term. 77 years for 12 year Policy Term |
Minimum Sum Assured | Depends on the minimum Premium. |
Minimum Annualized Premium | Rs.24,000 for 5 years Premium payment Term Rs.15,000 for 7 years Premium payment Term Rs.12,000 for 12 years Premium payment Term |
Policy Term | 10 and 12 years. |
Premium Payment Term | 5 years for 10 years Policy Term. 7/12 years for 12 years Policy Term |
Premium Payment Modes | Annual,Semi Annual,Quarterly,Monthly |
Maturity Payout Period | End of 10th year till end of 20th year for 10 years Policy Term End of 12th year till end of 20th year for 12 years Policy Term |
Guaranteed Payout frequency | Annual,Semi-annual,Quarterly |
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