Chamatkarik Herchah Insurance

by Prabhu Mahalaxmi Life Insurance

Other

About this plan

This is Endowment Assurance Plan that combines both the risk coverage and saving element at reasonable premium. Upon payment of premiums during the policy term, a lump sum amount of sum assured and vested bonus is paid on maturity or death of the insured.

What's included

Key highlights

  • Maturity + Death Benefit
  • Discount on Premium
  • Raiders available

Features

  • Maturity Benefit: Full sum assured and accrued bonus is payable on maturity
  • Death Benefit: -In case of death during the policy term, 100% sum assured will be paid to the beneficiary immediately.
  • Regular monthly income benefit of 2.5% available quarterly upon death
  • Loan/Paid up value and surrender value available
  • Optional raiders included
  • Discount on premium available

Eligibility & term

Entry age
18 – 60 years
Policy term
5-25 Years

Declared bonus

Rs 32–73 / 1,000

FY 2081/82

Declared range for the fiscal year shown — the exact rate depends on the plan and term. Rates are revised annually and are not guaranteed for future years.

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)

No optional riders are attached to this plan.

Other plans from Prabhu Mahalaxmi Life Insurance

Premium

Quote on request

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