Samriddha Bhavishya Laghu Jeewan Beema

A micro endowment life plan that combines insurance protection with mandatory savings and pays a guaranteed maturity benefit at the end of the term.

Entry age

18 – 60 years

Policy term

5, 10, 15 and 20 years

Sum assured

Rs 25,000 – Rs 5,00,000

Premium modes

Yearly, Half-yearly, Quarterly

Death benefit

Sum Assured payable to nominee if death during policy term

Maturity benefit

Guaranteed maturity benefit at end of policy term

• Accidental Death & Disability Rider

  Optional rider that provides additional benefit on accidental death or permanent disability

Policy loan

Not available

Surrender allowed

After 3 years

Paid-up value

Yes

Partial withdrawal

No

• Suicide (as per standard terms)
• War, civil commotion
• Pre-existing conditions as per underwriting
• Self-inflicted injuries and illegal acts