Jeevan Utthan Insurance Plan

Jeevan Utthan Insurance Plan

Terms and Conditions

Minimum Sum Assured : 50,000/-
Maximum Sum Assured : As per income of the Assured 
Minimum Entry Age : 16 Years 
Maximum Entry Age : 50 Years
Policy Term : 9,12,15 and 18 Years 
Mode of paying premium : Yearly and Half-yearly
Premium Paying Term : Same as Policy Term
Medical Requirement : As per Company Rule
Age Calculation Method : Age Nearer Birthday 
Rider Benefit : ADB,MIB,PWB,CI
Maximum Maturity Age : 68 Years


Rebate on Large Sum Assured 

Sum Assured Rebate in rate
Rs. 50,000/- Up to 2,99,999/- Nil
Rs. 3,00,000/- to 4,99,999/- Rs. 1.50 per 1000/-
Rs. 5,00,000/- and above Rs. 2.00 per 1000/-




Policy Benefits

Survival / Maturity Benefit

During the policy term, on survival of the life assured at the end of the specified policy year provided the policy is in force, the following specified percentage of the sum assured is payable to the life assured as survival benefits.

On survival of the life assured at the end of the policy term provided that policy is in force then Accrued Bonus shall be payable as maturity benefits.

Death Benefit 

On the death of the assured during the policy term, Sum Assured and Accrued Bonus will be payable nominee/beneficiary.

Death Benefit due to Accident

An 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: 21/03/2022

Date of first premium issue: 24/03/2022