Amulya Jeevan II - 823

 Anmol Jeevan II -  It is also a pure term insurance plan which is primarily for protection only.  This policy provides high risk coverage at low premiums but there is no maturity value.

The plan provides financial protection to the insured's family and dependent against unfortunate death of the policy holder during the policy term. In case, the policy holder survives the policy term, the insurance policy is terminated without any maturity returns.


The basic difference between Anmol Jeevan II and Amulya Jeevan II is the Sum Assured. Anmol Jeevan II is limited to the maximum sum assured of Rs 24,00,000.00 ( Rupees 24 Lakhs only). Amulya Jeevan II is for the customers who want even higher risk cover.
  
 Features:-

    High risk coverage at low premiums
    No maturity returns
    This plan has no surrender value
    Loan cannot be taken against this policy
    Tax benefit u/s 80C and u/s 10(D)




  Benefits : 
On Death
Nominee will get the sum assured immediately

On Maturity
Policy with terminate without any maturity returns



Example :
If any one has of 25 Years  want to take policy with  Sum Assured of Rs 1,00,00,000/- ( One Crore only) for the duration of 20 years then he need to pay an annual premium of Rs 12700/- per year 

Benefits :  If the policy holder die with in the policy period then Nominee with get 1,00,00,00/- ( One Crore) Immediatly