Product
Summary : Jeevan Labh Plan (936) is a limited premium paying, non-linked,
with-profits Endowment Assurance plan.
PPT : For Term 16
Year Ppt 10 year, For Term 21 Year Ppt 15 Year, For Term 25 Year ppt 16 year
Minimum Entry Age : 8 Year
Completed. Maximum Entry Age : 59
Year (Nearest Birthday)
Maximum Maturity Age : 75 Year,
Minimum Sum Assured : 2,00,000.00
Maximum Sum Assured : NO LIMIT
(Depending upon Income)
Maximum
Accidental Death and Disability Benefit Rider up to age 70.
Policy Benefits :
Surrendered Value : The
Policy can be surrendered at any time during the policy term provided at least
two full years premiums have been paid.
On Death : Basic
Sum-Assured, OR 7 times of Annualized Premium, OR 105% of all Premiums paid as
on death, WHICHEVER IS HIGHER.
Loan : Loan Facility is
available under this plan, after payment of premiums for at least 2 full years.
Income Tax Benefit : • Premium paid under this plan is eligible for TAX rebate under section 80c. • Maturity under this plan is free under sec 10(10D).
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