Endowment Life Assurance

A traditional endowment life insurance plan from Rastriya Jeewan Beema combining life cover with savings/maturity benefits. Participating bonuses may be declared.

Entry age

18 – 60 years

Policy term

10 – 30 years

Sum assured

Rs 50,000 – Rs 1,00,00,000

Premium modes

Yearly, Half-yearly, Quarterly, Monthly

Death benefit

Sum Assured + accrued bonus (if any)

Maturity benefit

Sum Assured + accrued bonus

Accidental benefit

Optional rider - sum assured as per rider terms

Reversionary bonus rate declared for the latest fiscal year. Rates are revised annually and are not guaranteed for future years.

• Accidental Death Benefit Rider

  Provides additional benefit on death due to accident

• Critical Illness Rider

  Lump sum on diagnosis of listed critical illnesses

• Premium Waiver on Disability Rider

  Waives future premiums on total permanent disability of proposer

Policy loan

Available

Surrender allowed

After 3 years

Paid-up value

Yes

Partial withdrawal

No

• Suicide within the initial contestability period
• War and related perils
• Pre-existing conditions during waiting period
• Illegal acts and self-inflicted injuries