Jeevan Aawaran Insurance Plan
Jeevan Aawaran Insurance Plan
Product for – Individual Person ( Male / Female)
Policy Requirements:
| Minimum Sum Assured | : 1,00,000/- |
| Maximum Sum Assured | : No limit ( As per Income Source) |
| Entry Age | : 16 to 50 Years |
| Policy Term | : 7 to 25 Years |
| Maximum Maturity Age | : 70 Years |
| Rider Benefits | : ADB ,MIB & PWB, CI |
| Mode of paying a premium | : Yearly and Half-yearly |
| Premium Paying Term | : Same as Policy Term |
Rebate on Large Sum Assured
| Sum Assured | Rebate in rate |
| Up to 4,99,999/- | 0 |
| Rs. 5,00,000/- to 6,99,999/- | Rs. 0.90 per 1000 |
| Rs. 7,00,000/- and above | Rs. 1.10 per 1000 |
Rider facility
Accidental Death Benefit
Accidental Death Benefit / Premium Waiver Benefit / Monthly Income Benefit
Critical Illness Benefit
Policy Benefits
Survival / Maturity Benefit
Sum Assured and Vested Bonus up to Maturity Period
Death Benefit
On the death of the assured during the policy term, Sum Assured + Additional Sum Assured + Accrued simple reversionary bonus will be payable.
Death Benefit due to Accident
Additional amount equal to Sum Assured or Rs. 100,00,000/- whichever is lower
TPD Benefit due to Accident
Full Sum Assured is payable in 120 monthly installments, Balancing installment shall be payable in a lump sum on maturity or at death.
Policy Loan / Surrender Value /Paid Up Value
As Per Company Rule
Approval date from Beema Samiti: 04/02/2022
Date of first policy issue: 10/02/2022
