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