An anticipated Endowment Assurance which is also known money Back Policy.
 Insurance cover starts from the date of acceptance of the proposal
 Survival benefits is paid to the insurant periodically (such payments will not be
taken into consideration in the event of unexpected death of the insurant and the
full sum assured with accured bonus is payable to the assignee,nominee or legal
heir)
 Two type of policies i.e. 15 year term and 20 year term.
 In case of 15 years term policy the minimum Age at entry is 19 years and maximum
Age at entry is 45 years.
 In case of 20 years term policy, the minimum Age at entry is19 years and maximum
Age at entry is 40 years.
 Maximum sum Asuured is INR 5 lakhs.
 No surrender value is payable.
 Assignment facility is available.
 Nomination facility available.
 Survival benefit is payable as under:
15 years 20 years
 at the end of 6 years 8 years
20% of sum assured
 at the end of 9 years 12 years
20% of sum assured
 at the end of 12 years 16 years
20% of sum assured
 at the end of 15 years 20 years
40% of sum assured with bonus.
Best suited
if you need periodical Returns.
