New Money Back Plan - 25 Years - 821

New Money Back - 25 Years  : This is a money back plan which provides periodical returns of survival benefits during the policy term. In this plan 15% of the sum assured is payable at the end of 5th, 10th, 15th and 20th year of the policy term, and the balance of 40% plus the accrued bonuses becomes payable at the 25th year.
In the event of death at any time within the policy term, the death claim comprises 125% of the sum assured without deducting any of the survival benefit amounts, which have already been paid. Similarly, the bonus is also calculated on the full sum assured.  

Features :

• Survival Benefits are paid periodically
• Balance of the sum assured along with accrued bonuses is paid at the end of policy term
• Premium payment term is only 20 years
• Double Tax Benefit u/s 80 C and u/s 10 D
• Death risk cover is 125% of Sum Assured
• Additional accidental sum assured
• Loan is available against this plan

Periodical Survival Benefits

Year of Policy Term	Percentage of Sum Assured
5th year	15% of Sum Assured
10th year	15% of Sum Assured
15th year	15% of Sum Assured
20th year	15% of Sum Assured
25th year	40% of Sum Assured + Accrued Bonuses

Benefits :

On Survival

If the policy holder survives the policy term, he/she will receive survival benefits as below:  
5th year    - 15% of Sum Assured  
10th year  - 15% of Sum Assured
15th year  - 15% of Sum Assured
20th year  - 15% of Sum Assured

25th year  - 40% of Sum Assured + Accrued Bonuses

On Death

If the policy holder dies during the policy term, his/her nominee will receive:
1. 125% of the sum assured  
2. Simple Revisionary Bonus  
3. Final Additional Bonus (if any)
The periodical survival benefits which have already been paid will not be deducted.

On Accidental death

If during the policy term, the policy holder dies due to an accident, his/her nominee will receive:
1. 125% of the sum assured
2. Additional accidental sum assured
3. Simple Revisionary Bonus
4. Final Additional Bonus (if any)

The periodical survival benefits which have already been paid will not be deducted.

Example

If any one at age of 25 Years want to take policy with Sum Assured of 5,00,000 for 25 Years he need to pay  annual premium of Rs 28,720/- 

Survival Benefits
5th year   - Rs 75,000/- (15% of 5,00,000/-)
10th year  - Rs 75,000/- (15% of 5,00,000/-)
15th year  - Rs 75,000/- (15% of 5,00,000/-)
20th year  - Rs 75,000/- (15% of 5,00,000/-)
25th Year  - Rs 2,00,000/- (40% of 5,00,000/-) +
                        5,50,000/- ( Accrued Bonuses)
                            1,12,500/- ( Final Additional Bonus)
Total Around    : 8,62,500/-  On 25th year

Policy will close
                           

On Death
If policy holder dies during the policy term, Nominee will receive 125% of the sum assured along with the accrued bonuses. Any survival benefit which has been already paid will not be deducted.
 
6,25,000/- ( 125% of Sum Insured)
5,50,000/- ( Accrued Bonuses)
1,12,500/- ( Final Additional Bonus)

  
Total Around :12,87,000/- + Survival Benefit already Paid 

 
On Accidental Death
If Mr. Akashdeep dies due to an accident, during the policy term, his nominee will receive the 125% of the Sum assured + Additional accidental Sum assured + Accrued bonuses. 
Any survival benefit which has been already paid will not be deducted.

6,25,000/- ( 125% of Sum Insured)
5,00,000/- ( Accidental Sum Assured)
5,50,000/- ( Accrued Bonuses)
1,12,500/- ( Final Additional Bonus)

Total Around  :17,87,000/- + Survival Benefit already Paid 

 

New Money Back Plan - 20 Years - 820

New Money Back Plan - 20 Years : This is a money back plan which provides periodical returns of survival benefits during the policy term. In this plan 20% of the sum assured is payable at the end of 5th,10th and 15th year of the policy term, and the balance of 40% plus the accrued bonuses becomes payable at the 20th year.

In the event of death at any time within the policy term, the death claim comprises full sum assured without deducting any of the survival benefit amounts, which have already been paid. Similarly, the bonus is also calculated on the full sum assured. 

Features:

• Survival Benefits are paid periodically
• Balance of the sum assured along with accrued bonuses is paid at the end of policy term 
• Premium payment term is only 15 years
• Double Tax Benefit u/s 80 C and u/s 10 D
• Death risk cover is 125% of the basic sum assured
• Additional accidental sum assured
• Loan is available against this plan

Periodical Survival Benefits:

Year of Policy Term	Percentage of Sum Assured
5th year	20% of Sum Assured
10th year	20% of Sum Assured
15th year	20% of Sum Assured
20th year	40% of Sum Assured + Accrued Bonuses

Benefits:

On Survival

If the policy holder survives the policy term, he/she will receive survival benefits as below:
5th year    - 20% of Sum Assured
10th year  - 20% of Sum Assured
15th year  - 20% of Sum Assured
20th year  - 40% of Sum Assured + Accrued Bonuses

On Death

If the policy holder dies during the policy term, his/her nominee will receive:

1. 125% of the Basic Sum Assured
2. Simple Revisionary Bonus
3. Final Additional Bonus (if any)

The periodical survival benefits which have already been paid will not be deducted.

On Accidental death

If during the policy term, the policy holder dies due to an accident, his/her nominee will get following:

1. 125% of the Basic Sum Assured
2. Additional Accidental Sum Assured
3. Simple Revisionary Bonus
4. Final Additional Bonus (if any)

The periodical survival benefits which have already been paid will not be deducted.

Example : 

If any one at age of 25 Years want to take this policy with Sum Assured of 5,00,000/- for 20  years need to pay 37492/- Per Year

Survival Benefits
5th year   -  Rs 1,00,000.00 (20% of 2,00,000/-)
10th year  - Rs 1,00,000.00 (20% of 2,00,000/-)
15th year  - Rs 1,00,000.00 (20% of 2,00,000/-)

20th year  - Rs 2,00,000.00 (40% of 2,00,000/-)  +
                        3,90,000.00 ( Accrued Bonuses ) +
                           20,000.00 ( Final Additional Bonus)
   Total Around  : 6,10,000.00/-  on 20th  Year

 Policy will close 
                            On Death
If policy holder dies during the policy term then Nominee will receive 125% of sum assured along with the accrued bonuses. Any survival benefit which has been already paid will not be deducted.


    6,25,000/-   (125% Sum Assured )+
   3,90,000/- ( Accrued Bonuses ) +
  
Total Around : 10,15,000/- + Already Survival Benefit Paid
 
Policy will close
On Accidental Death
If policy holder dies due to an accident, during the policy term then Nominee will receive the 125% of Sum assured + Additional accidental Sum assured + Accrued bonuses. 
Any survival benefit which has been already paid will not be deducted.

  6,25,000/-   (125% Sum Assured )+
  5,00,000/-   ( Accidental Sum Assured )+
   3,90,000/-   (Accrued bonuses)

Total Around  :15,15,000/-+ Already Survival Benefit Paid

New Jeevan Anand - 815

New Jeevan Anand : New Jeevan Anand is a combination of Endowment Assurance and Whole Life plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival.

Features :

• Full payout at maturity (Basic Sum Assured + Bonus)
• Whole life risk coverage even after maturity
• Death sum assured is 125% of basic sum assured
• Additional Accidental cover up to the age of 70
• Loan can be taken against the policy
• Double tax benefit (u/s 80C and u/s 10D) 

Benefits :  

On Death If the policy holder dies during the premium payment term of the policy, his/her nominee will be paid following, after which policy will terminate.

125% of basic sum assured or 10 times of the annual premium (whichever is higher) + Simple Revisionary Bonus +  Final Additional Bonus (if any)

On Accidental Death In case, the policy holder dies due to an accident, nominee will get following, and the policy will terminate after that.

125% of basic sum assured or 10 times of the annual premium (whichever is higher) +  Additional Accidental Sum Assured + Simple Revisionary Bonus +  Final Additional Bonus (if any)

On Maturity

The policy holder will get following returns at the time of maturity. Basic Sum Assured + Simple Reversionary Bonus + Final Additional Bonus (if any)

The policy will still continue for rest of the life, without paying any premiums.

Example :

If any one has age of 25 Years  want to take policy with Sum Assured of Rs 10,00,000/-  for the duration of 20 years then he needs pays an Annual Premium of Rs   55281/- per Year

Benefits : 

On Death

If the policy holder dies during the policy term then nominee will get

 12,50,000 (125% of Basic Sum Assured)+ 
   9,20,000 (Simple Revisionary Bonus) + 
      80,000 (Final Additional Bonus)
Total Around:22,50,000/-( Twenty Two Lakh Fifty Thosand)

Policy  Will Close

On Accidental Death
 In case, the policy holder dies due to an accident, the nominee will get

12,50,000 (125% of Basic Sum Assured)+
 10,00,000 (Additional accidental sum assured)+ 
  9,10,000 (Simple Revisionary Bonus) + 
     90,000 (Final Additional Bonus)
Total Around : 32,50,000/- (Thirty Lakh Fifty Thosand)

 policy will close

On Maturity

The policy holder will get the following returns at maturity
 10,00,000 (Basic Sum Assured)+ 
  9,10,000 (Simple Revisionary Bonus) + 
     90,000 (Final Additional Bonus)

Total Around : 20,00,000/- (Twenty Lakh). 

Policy will not Close and Continue till the policy holder die and Nominee will get Basic Sum Assured  10,00,000/-  After policy holder and no need to pay after 20 Years. 
 

New Endowment Plan - 814

New Endowment Plan  :  This is the most popular form of life assurance since it not only makes provision for the family of the Life Assured in the event of his early death, but also assures a lump sum at any desired age.

Being an Endowment assurance plan, this policy is suitable for people of all ages and social groups. This is a savings oriented plan which earns a high bonus. The premium is very low as compared to other policies and returns are high. 

Features

• Life risk cover for the life insured
• Additional accidental risk cover
• Moderate Premiums
• High bonus
• Savings oriented plan
• The upper limit of additional accidental sum assured is Rs 50 Lakhs only. 

Benefits :

On Death If the policy holder dies during the policy term, his/her nominee will be paid following, after which the policy will terminate.
Basic sum assured or 10 times of the Annual premium (whichever is higher) + Simple Revisionary Bonus  +  Final Additional Bonus (if any)

On Accidental Death In case, the policy holder dies due to an accident, the nominee will get following, after which the policy will terminate.

 Basic sum assured or 10 times of the Annual premium (whichever is higher) + Additional accidental sum assured (maximum upto Rs. 50 Lakhs) +  Simple Revisionary Bonus +  Final Additional Bonus (if any)

On Maturity

The policy holder will get the following returns at maturity:

Basic sum assured + Simple Revisionary Bonus+  Final Additional Bonus (if any)

The policy will terminate after this.

Example :
If any one has age of 25 Years  want to take policy with Sum Assured of Rs 10,00,000/-  for the duration of 20 years then he needs pays an Annual Premium of Rs 48323/- per Year

Benefits :

On Death
If the policy holder dies during the policy term then nominee will get

 10,00,000 (Basic Sum Assured)+ 
  9,10,000 (Simple Revisionary Bonus) + 
     90,000 (Final Additional Bonus)

Total Around : 20,00,000/- (Twenty Lakh). Policy will close 

On Accidental Death
 In case, the policy holder dies due to an accident, the nominee will get

10,00,000 (Basic Sum Assured)+ 
 10,00,000 (Additional accidental sum assured)+ 

  9,10,000 (Simple Revisionary Bonus) + 
     90,000 (Final Additional Bonus)

Total Around : 30,00,000/- (ThirtyLakh), policy will close

On Maturity

The policy holder will get the following returns at maturity
 10,00,000 (Basic Sum Assured)+ 
  9,10,000 (Simple Revisionary Bonus) + 
     90,000 (Final Additional Bonus)

Total Around : 20,00,000/- (Twenty Lakh). Policy will close

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

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