News and Updates

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

Jeevan Lakshya (Plan-833)

This is a limited premium paying term conventional With-Profits Endowment Assurance plan where premium paying term is less than policy term by three years.

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

Term: Minimum 13 and maximum 25 years. 

Premium Paying Term: Policy Term minus 3 (three) Years.

Entry Age: Minimum 18 years and maximum 50 years.

Maximum Age at Maturity- 65  years.

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

Maximum Accidental Death and Disability Benefit Rider up to age 65.

Policy Benefits :

On Death :

Sum Assured on Death + Bonuses and Final Additional Bonus, if any, shall be payable in following manner.
Annual Income Benefit equal to 10% of the Basic Sum Assured (till policy anniversary prior to date of maturity).
Assured Absolute Amount of 110% of Basic Sum Assured, payable (on due date of maturity).
Along with Bonuses and Final Additional Bonus, if any, on maturity. (on due date of maturity).

On Survival :

Basic Sum Assured + Vested Bonus + Final Additional Bonus (Loyalty)

Surrendered Value :

The policy can be surrendered after at least three full years premiums have been paid.

Loan :

Loan Facility is available after payment of premiums for at least 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.