A Non-Linked, Non-Participating, Individual, Pure Risk Life Insurance plan
Pure Risk Premium Life Insurance Plan
It offers financial protective shield against an untimely death of the life assured during the Policy Term.
Limited Premium term available
You can pay premiums only for a limited number of years within the policy term.
Eligibility Criteria:
Minimum | Maximum | |
Age of Entry | 18 years | 65 years |
Basic Sum Assured | 5 Lakhs | 25 Lakhs |
Policy Term | 5 years | 40 years |
Premium Paying Term (Regular) | Same as Policy term | |
Premium Paying Term (Limited) | 5 years and 10 years | |
Premium Paying Term (SIngle) | Lumpsum | |
Premium Paying Mode | Single, Yearly, Half Yearly, Monthly |
Sum Assured on Death
For Regular and Limited Premium Payment…..Highest of
10 times Annualised premium or
105 % of all premiums Paid as on date of death or
100% of Basic Sum Assured
For Single Premium Payment…..Highest of
125% of Single Premium or
100% of Basic Sum Assured
Death Benefit :
Waiting Period : 45 days from Date of Commencement of Policy
Death Benefit (Anytime during Waiting Period)
Natural Death : Refund of Premiums
Accidental Death : Sum Assured on Death will be payable
Death Benefit (Anytime after Waiting Period)
Sum Assured on Death will be Payable
Maturity Benefit :
On Survival till end of policy term, No Maturity Benefit will be Payable.