This policy is most suitable for persons who are not sure of a regular income every year and who expect their income position to improve after a short while. For example, farmers who experience crop failure at intervals would find this plan beneficial.

The additional premium payable when compared to an ordinary Endowment Assurance plan is marginal. For example, under an Ordinary Endowment Assurance plan, for Age 30 and a term of 25 years, per Rs 1000 sum assured, the premium payable is 42.05 (inclusive of accident benefit). For the New Jana Raksha plan, premium for the same policy is Rs 42.90 i.e. only Rs. 0.85 more, for the additional benefits.

• Sum assured is payable either on survival to the term or on death happening within the term.
  
  
• If two years premiums are paid under the policy, the policy will automatically extend for 3 more years even if further premiums are defaulted. This facility is available for any number of times.
  
  
• Built in accident benefit.
  
  
• Bonus for the full term is payable on the date of maturity or in the event of death, whichever is earlier.
  
  
• Premiums cease at death or on expiry of term whichever is earlier.

• Minimum Sum Assured : Rs.30,000
  
  
• Maximum Sum Assured : Rs.5,00,000
  
  
• Minimum premium must be Rs.800 per annum
  
  
• Maximum term : 30 yrs
  
  
• Minimum age at entry : 18 yrs
  
  
• Maximum age at entry : 50 yrs