Anmol Jeevan II - 822

 Anmol Jeevan II - It is 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.
  
 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 age of 25 Years  want to take policy with Sum Assured of Rs 20,00,000/-  for the duration of 20 years then he needs pays an Annual Premium of Rs 4320/- 

Benefits : 
If the policy holder die  in the policy period then Nominee will get 20,00,00/-  Immediatly