This plan is a participating profit type of anticipated endowment plan. Under this plan a fixed 5% of Sum Assured is payed to the policyholders every year starting from the second year till maturity. This product is specially designed for those who want a regular inflow of cash within the term.
Eligibility Criteria
- Minimum Sum Assured: 100,000/-
- Maximum Sum Assured: No Limit
- Minimum Entry Age (Nearest Birthday): 18 years
- Maximum Entry Age (Nearest Birthday): 55 years
- Maximum Maturity Age: 75 years
- Minimum Policy Term: 15 years
- Maximum Policy Term: 20 years
Benefits/Special Features
- Death Benefit: Sum Assured plus Bonus Declared and Vested.
- Maturity Benefit: Remaining percentage of Sum Assured plus extra benefit as per table below, along with Bonus Declared and Vested.
Table: Extra Maturity Benefit
| Policy Term (Years) | Percentage of Sum Assured (%) |
| 15 | 0% |
| 20 | 10% |
- Survival Benefit: 5% of Sum Assured is payable Annually to the Life Assured
Rider Benefits (Optional)
- Accidental Death Benefit (ADB): Additional amount equal to sum assured or 1,00,00,000/-, whichever is lower.
- Permanent Total Disability (PTD): Sum assured or 1,00,00,000/-, whichever is lower payable in 120 monthly installments; Should the remaining term to maturity be less than 120 months, the balance installment will be paid in lump sum on maturity or at death, if earlier.
- Premium Waiver Benefit (PWB): All the future premiums after the date of PTD due to accident will be waived.
- Critical Illness (CI): On onset of any of the CI provided by the company, Additional amount equal to sum assured or 50,00,000/-, whichever is lower.
Premium Payment Mode/Structure
- Mode: Yearly/Half-Yearly/Quarterly
