Jeevan Sampanna Insurance Plan

Jeevan Sampanna Insurance Plan


Features

Plan Name Limited Endowment Assurance Plan
Minimum Sum Assured 1,50,000/-
Maximum Sum Assured According to the income of Life Assurance 
Entry Age 18 Years to 60 Years
Term 5,10,15,20 and 25 Years 

 

Premium Paying Term

(Yrs)

Policy Term

(Yrs)

 Single 5,10,15,20 and 25 Years
5 10,15,20 and 25 Years
10 15,20 and 25 Years
15 20 and 25 Years
20 25 Years

 

Mode of paying method Quarterly, half Yearly, Yearly and Single.
Medical Requirement As per Company Rule
Age Calculation Method Age Nearer Birthday 
Accidental Benefit ADB/PWB/PTD Available upto Max. 1,00,00,000/-

 

Additional premium as per mode of payment.

Half Yearly mode:         0.507 x Annual Premium.

Quarterly mode:           0.255 x Annual Premium.

 

High Sum Assured Rebate:

Sum Assured Single Premium (per 1000) Regular Premium (per 1000)
Less than 5,00,000/- 0 0
5,00,000/- to 9,99,999/- 1.50 0.40
10,00,000/- and above 3.00 0.70

 

Loan Facility: In Single premium term Loan facility should be provide in 3 year after policy issued to policy holder and for Regular premium 2 year complete period and 2 year full premium  paid is eligible for policyholder loan.

 

Other Facilities: Surrender value, Paid Up Value as per policy.

 

Benefits:

1. Survival Benefit : Sum Assured + Vested Bonus

2. Death Benefits : Within Term Period : Sum Assured + Vested  Bonus up to Term Period during Death.

3. Accidental Death benefits : Sum Assured + Additional Sum Assured upto Max. 1,00,00,000/-or Actual sum Assured with ever is lower. + Vested Bonus upto Term Period during Death.

4. PTD/ PWB Benefits : Waiver of Premium during term period of  policy after total permanent disability occurs  and monthly income benefits (MIB) provide to policy holder of Sum Assured  upto 120 months instalment basis and remaining term to maturity be less than 120 months the balancing instalment will be payable in lumpsum on maturity or at death, if earlier.