BIMA BACHAT LIC POLICY:-
Features of plan: Bima bachat is a single premium money back plan where single premium paid under the policy shall be paid back to the policyholder along with loyalty additions, if any, on maturity. In addition, the survival benefit instalments are payable on survival of the policyholder till the specified durations.
Plan parametersAge at entry: Min.15 yrs Completed Max 66 yrs
Maturity age: Max. 75 yrs (NBD)
Term: 9,12 or 15 yrs.
Sum assured: Min. 20,000 Max. No. Limit
S.A in multiples: 5,000
Mode of payment: Single premium
Policy loan: yes
Housing loan: yes
Assignment: yes
Surrender of policy: yes
Benefits Maturity benefit: single premium excluding extra premium with loyalty addition if any, shall be payable in case of life assured surviving to the end of the term.
Survival benefit: in case the life assured is surviving to the specified durations the following benefits shall be payable.
For policy term 9 years:15% of the sum assured at the end of each 3rd & 6th policy year. For policy term12 year: 15% of the sum assured at the end of each 3rd, 6th & 9th policy year.
For policy term 15 years: 15% of the sum assured at the end of each 3rd, 6th,9th & 12th policy year.
Death benefit: on death of the assured during the term of the policy an amount equal to the sum assured shall be payable.
Contact for insurance:-Sanjay Tomer
09466423767
Features of plan: Bima bachat is a single premium money back plan where single premium paid under the policy shall be paid back to the policyholder along with loyalty additions, if any, on maturity. In addition, the survival benefit instalments are payable on survival of the policyholder till the specified durations.
Plan parametersAge at entry: Min.15 yrs Completed Max 66 yrs
Maturity age: Max. 75 yrs (NBD)
Term: 9,12 or 15 yrs.
Sum assured: Min. 20,000 Max. No. Limit
S.A in multiples: 5,000
Mode of payment: Single premium
Policy loan: yes
Housing loan: yes
Assignment: yes
Surrender of policy: yes
Benefits Maturity benefit: single premium excluding extra premium with loyalty addition if any, shall be payable in case of life assured surviving to the end of the term.
Survival benefit: in case the life assured is surviving to the specified durations the following benefits shall be payable.
For policy term 9 years:15% of the sum assured at the end of each 3rd & 6th policy year. For policy term12 year: 15% of the sum assured at the end of each 3rd, 6th & 9th policy year.
For policy term 15 years: 15% of the sum assured at the end of each 3rd, 6th,9th & 12th policy year.
Death benefit: on death of the assured during the term of the policy an amount equal to the sum assured shall be payable.
Contact for insurance:-Sanjay Tomer
09466423767
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