INSURANCE PLANS: Asian Endowment plan

ASIAN ENDOWMENT PLAN

Terms and Conditions

1. Minimum Age at Entry : 16 years
2. Maximum Age at Entry : 60 years ASIAN ENDOWMENT INSURANCE
3. Minimum Term : 5 years
4. Maximum Term : 50 years
5. Maximum Maturity Age : 65 years
6. Minimum Sum Assured : Rs. 25000
7. Maximum Sum Assured: Rs. according to the financial condition of life to be assured
8. Premium Paying Modes : Yearly, Half-yearly, Quarterly
9. Large Sum Assured Rebate
Rs.51000 to 100000 : Rs.1 in Basic Premium
Rs.101000 and above : Rs. 2 in Basic Premium
10. Mode Rebate
Yearly : less 2%,
Half-yearly : less 1%
Quarterly : No Discount
11.Maturity and Death Benefits :
* The Sum Assured along with bonus is payable on Date of Maturity.
* In case the Life Assured dies any time after commencement of risk, full Sum Assured with the bonuses will be paid.
12. Optional Benefits: ADB,ADB+PTD+PWB with additional price.

post BY BIJAY THAPA. bijay-lifeinsurance.blogspot.com