Jeevan kishore
Example: Mr. Ram aged 35 years takes a Jeevan kishore policy for his 3 years old son master Rinku for S.A. 2 lac to be matured at the age of 22 of his son.
He also opts for premium waiver benefit.Life risk will commenced from the policy anniversary after completion of 7 yrs. Of Rinku’s age.
On maturity master Rinku will get Rs.3,89,000+FAB , if any (2 lac S.A. +Bonus as per bonus rates of 2005 i.e. Rs.45 per 1000 .S.A. per annum 45 x 200 x 21 = 1,89,000 + FAB if any).In case of master sunny dies at the age of 12 after commencement of risk cover, then the nominee will get 2,81,000 (2 lac S.A. + Bonus i.e. 45 x 200 x 9 = 81,000).On attaining the age of 18 master Rinku’s has the option to opt for accident benefit by paying Re. 1 extra per thousand S.A
9986184653
Jeevan Anuurag plan a Children Plan
Jeevan Anuurag plan a Children Plan
Example: Mr. Ganesh Rao aged 35 years opted for Jeevan Anuurag plan, S.A 2 Lac, for a term of 15 years.
He pays an annual premium of Rs.15,323/(only 40 rupees per day)- if the policy is in full force,
Mr. Ganesh Rao Will get 20% of S.A i.e. Rs.40,000/- at the start of 31th, 14th & 15th policy year and the balance 40% of S.A i.e. Rs.80,000 will be given at the end of 15th year along with reversionary bonuses declared from time to time for the full term, plus terminal bonus, if any shall be payable.
in case Mr. Ganesh Rao dies during 10th year his nominee will receive Rs.2 lac. No premiums are payable thereafter Moreover the nominee will get Rs.40,000/- at the start of 31th, 14th & 15th policy year and on maturity Rs.80,000 + Reversionary Bonus + terminal bonus, if any.
call 9986184653, Santosh
New Bima Gold get 20,000 at every 4 years
New Bima Gold (T. No.179)
Example: Mr. John, aged 30 years opts for New Bima Gold (T. No.179) for 2 Lakh S.A, paying an annual premium of Rs.7363/- for 20 years period.
He receives Rs.20,000 each at the end of 4,8,12 and 16 years.
On maturity the net amount payable will be total premium paid _ paid up survival benefit + loyalty addition, if any
i.e. 7363 x 20 - 20,000 x 4 = 1,47,260 + loyalty addition,
if any, he will also enjoy the extended term of 10 years
i.e. the term will be 20+10 = 30 years.
But if Mr. John dies after 12 years, his nominee will receive Rs.2lac without deducting the survival benefit paid to Mr. John
Example: Mr. John, aged 30 years opts for New Bima Gold (T. No.179) for 2 Lakh S.A, paying an annual premium of Rs.7363/- for 20 years period.
He receives Rs.20,000 each at the end of 4,8,12 and 16 years.
On maturity the net amount payable will be total premium paid _ paid up survival benefit + loyalty addition, if any
i.e. 7363 x 20 - 20,000 x 4 = 1,47,260 + loyalty addition,
if any, he will also enjoy the extended term of 10 years
i.e. the term will be 20+10 = 30 years.
But if Mr. John dies after 12 years, his nominee will receive Rs.2lac without deducting the survival benefit paid to Mr. John
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