Insurance Policy Duration 5 Jeevan Pragati Endowment Plans, Service Location All India, Age Limit 18
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Technical Specifications
| Parameter | Value |
|---|---|
| Location | All India |
| Age Limit | 18+ |
| Service Mode | Offline + Online |
| Service Location | All India |
| Type Of Services | Best Service |
| Start Date / Month | April |
| Lic Endowment Plans | Pension Plan |
| Minimum Order Quantity | 1 Year |
| Type Of Guarantee Return | 15+ |
| Insurance Policy Duration | 5+ |
Product Description
Comprehensive Insurance Policy Duration Plans in Maharashtra, India
Overview of the product license s jeevan pragati 838 is an unconnected with profit-focused endowment insurance plan wherein the risks cover automatically increases after every five years throughout the duration pertaining to the policy. Premium annual, Semi-annual, And quarterly payment options available monthly ecs term 12 to 20 yearsminimum entry age 12 year completed maximum entry age 45 year nearest birthday maximum maturity age 65 yearminimum sum assured 1, 50, 000maximum sum assured no limit depending upon income maximum accidental death and disability benefit rider up to age 65. Policy benefits on death accrued bonus, Guaranteed payout, Fab if any. Where s. A. On death is defined as the higher of i. Tenfold of anualized premium, Or ii. Absolute amount assured to receive payment on death, Functioning as as under during initial five coverage plan years All of the basic s. A. During 6th to 10th policy years 125% of the basic s. A. During 11th to 15th policy years 150% of the basic s. A. During 16th to 20th policy years 200% of the basic s. A. This death benefit shall not be less than 105% of all premiums paid as on deathon survival on survival guaranteed accumulated benefits, Minimum payout bonus, Fab if any. Surrendered value the policy can be surrendered at any time throughout the coverage period term provided atleast Three complete years premiums have been paid. Loan loan facillity is available within this framework, Upon completion of payment for premiums for at least 3 full years. Income tax benefit premium paid under this plan is eligible for tax rebate under section 80c. Maturity under this plan is free under sec 10 10d . Proposal form 300/340/360 shall be used under this plan.
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All India delivery available
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Seller Information
S
Shree Swami Samarth Enterprises
Verified
Maharashtra, India
Established:
2008
Delivery Time:
7–15 Business Days
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Trade Assurance Protected
Secure Payment Methods
Logistics Tracking Available
24/7 Customer Support
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