Asian Insurance Plan- Money Back 15 YRS

MONEY BACK 15 YRS

Terms and Conditions

1. Minimum Age at Entry : 16 years

2. Maximum Age at Entry : 50 years

3. Term : 15 years

4. Maximum Maturity Age : 65 years

5. Minimum Sum Assured : Rs.50000

6. Maximum Sum Assured : according to the financial condition of life to be assured

7. Premium Paying Modes : Yearly, Half-yearly, Quarterly

8. Large Sum Assured Rebate :

Rs. 10000 to 300000 : Rs 1 on Premium

Rs. 301000 and above : Rs 2 on Premium

9. Mode Rebate :

Yearly : less 2%

Half-yearly : less 1%

Quarterly : No 10.

Benefits :

a) On Death of LIfe Assured before Maturity date of the Policy :FULL SUM ASSURED+BONUSES, (without deduction of Survival Benefits already paid)

b) On Survival to :

5 yrs. from commencement : 25% of Basic Sum Assured.

10 Yrs, from Commencement : 25% of Basic Sum Assured.

at Maturity : 50% of Basic Sum Assured PLUS Bonuses.

11. Optional Benefits: ADB,ADB+PTD+PWB with additional price.

POST by Bijay Thapa. bijay-lifeinsurance.blogspot.com