Jeevan Labh Plan (936) is a limited premium paying, non-linked, with-profits Endowment Assurance plan.

 

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

 

Term :

• 16 Year

• 21 Year

• 25 Year

 

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 : Rs.2,00,000

 

Maximum Sum Assured : NO LIMIT (Depending upon Income)

Maximum Accidental Death and Disability Benefit Rider up to age 70.

 

Policy Benefits :

On Death : Basic Sum-Assured, OR 7 times of Annualized Premium, OR 105%of all Premiums paid as on death, WHICHEVER IS HIGHER.

 

On Survival : On survival Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus.

 

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

 

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).

 

For more information Contact Us.