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**Experienced and Renowned Insurance and Investment Planner. Contact for Life & Health Insurance. ইন্সুরান্সের ও টেক্সসান কনসালটেন্ট. इन्सुरेंस व टैक्सेशन कंसलटेंट.Ask insutax@skjinsurance.in

Money Back 20 yrs. (Plan 820)

This is a limited premium payment, non-linked, with profits Money Back Plan.


Premium payment be made Monthly (by ECS), Quarterly, Half yearly and Yearly as suits you better.

Term: 20 years.

Premium Paying Term: 15 years

Entry Age: Minimum 13 years and maximum 50 years.

Minimum Sum can be Assured Rs.1,00,000/-

Accidental Death & Disability Benefit Rider available.

Policy Benefits :

On Death :
Sum Assured on Death + Vested Bonus + FAB if any.
Sum Assured on Death = Higher of 125% of Basic SA or 10 times of annualized Premium.
Death Benefit shall not be less than 105% of total premiums paid as on date of death.
The premiums exclude taxes, extra premium and rider premiums.

On Survival :

20% of Basic SA is payable after 5th, 10th and 15th 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 atleast three full years premiums have been paid.The Guaranteed Surrender value during policy term shall be a percentage of total premiums paid (net of service tax)excluding extra premiums and premiums for riders, if opted for. This percentage will depend on the policy term and policy year in which the policy is surrendered

Loan : Available after payment of premium of 3 full years.
Income Tax Benefit :

• Premium paid under this plan is eligible for deduction under section 80C of Income Tax Act, 1961.

• Maturity under this plan is free under section 10(10D) of Income Tax Act, 1961.