Plan : Money Back 25Year(821)
This is a limited premium payment, non-linked, with profits Money Back Plan.Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(NACH)/ SSS
Term :25 Year
PPT* :20 Year
Minimum Entry Age :13yr Completed
Maximum Entry Age :45 Year (Nearest Birthday)
Maximum Maturity Age :70 Year
Minimum Sum Assured :1,00,000
Maximum Sum Assured :NO LIMIT (Depending upon Income)
Maximum Accidental Death and Disability Benefit Rider up to age 70.
Policy Benefits :
On Death :
Sum Assured on Death + Vested Bonus + FAB if any.
Sum Assured on Death is 125% of Basic SA
On Survival :
15% of Basic SA is payable after 5th, 10th, 15th & 20th year of policy.
Maturity Time 40% of Basic Sum Assured + Vested Bonus + FAB if any.
Surrendered Value :
The policy can be surrendered for cash provided at least three full years premiums have been paid.
Loan :
Available after payment of premium of 3 full years.
Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).
