Jeevan Shiromani plan is a non-linked, with-profits, limited premium payment money back life insurance plan especially designed for targeted segment of High Net-worth Individuals.

 

Premium Payment Mode : Yearly, Halfly, Quarterly, Monthly(ECS)

 

Term/PPT : 14/10, 16/12, 18/14 and 20/16 Years

 

Minimum Entry Age : 18 Years completed

 

Maximum Entry Age :

• 55 Years (Nearer Birthday) for Term 14

• 51 Years (Nearer Birthday) for Term 16

• 48 Years (Nearer Birthday) for Term 18

• 45 Years (Nearer Birthday) for Term 20

 

Maximum Maturity Age :

• 69 Years (Nearer Birthday) for term 14

• 67 Years (Nearer Birthday) for term 16

• 66 Years (Nearer Birthday) for term 18

• 65 Years (Nearer Birthday) for term 20

 

Minimum Sum Assured : Rs. 1 crore and thereafter in multiple of 5 lakhs.

 

Maximum Sum Assured : No Limit

 

Guaranteed Addition :

• Rs 50/- per 1000 SA for 1st 5 years

• Rs 55/- per 1000 SA for remaining PPT

 

Policy Benefits :

On Death :

• Death during 5 yrs : SA on Death + GA

• Death after 5 yrs : SA on Death + GA + LA

• SA on Death : 125% of BSA or 7 times AP or 105% of Premiums Paid

 

Survival Benefits :

• For 14 yrs policy : 30% of BSA in 10th and 12th year

• For 16 yrs policy : 35% in 12th and 14th year

• For 18 yrs policy : 40% in 14th and 16th year

• For 20 yrs policy : 45% in 16th and 18th year

• Maturity time : Remaining SA with GA + LA

 

Inbuilt Critical Illness Benefit: 10% of BSA on diagnosis of 15 Critical diseases + Premium is deferred for 2 Years w/o interest.

 

Surrendered Value : The Policy can be surrendered at any time during the policy term provided atleast 1 full years premiums have been paid.

 

Loan : Loan Facility is available under this plan, after payment of premiums for at least 1 full years.

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For more information Contact Us.