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Endowment Insurance Policies
Bhavishya Jeevan

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Life Insurance

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Bhavishya Jeevan

Suitabile
An Endowment Assurance policy with the facility to pay higher premiums initially and smaller amounts in later years. The plan has been designed to meet the needs of persons who have short span of earnings. For example, film artists and other such professionals whose incomes drop substantially may find this plan suitable.

Features

Sum assured is payable either on survival to the term or on death happening within the term.
Higher premiums can be paid in the first five years of the policy, while smaller amounts can be paid in the later years till date of maturity.
Premiums cease at death or on expiry of term whichever is earlier.
Bonus for the full term is payable on the date of maturity or in the event of death, whichever is earlier.

Benefits
On Survival

Basic Sum Assured + bonus .

On Death
Basic Sum Assured + bonus .

Other Conditions

Minimum sum assured: Rs 30,000.
Minimum premium must be Rs.800 per annum
Minimum Age : 15 years.
Maximum age at entry :
15 years term- 55 years.
20 years term- 50 years.
25 years term- 45 years.

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