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Plan : Money Back 20Year(820)
This is a limited premium payment, non-linked, with profits Money Back Plan.
Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(NACH)/ SSS
Minimum Entry Age :
Maximum Entry Age :
50yr (Nearest Birthday)
Maximum Maturity Age :
Minimum Sum Assured :
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 Sum Assured
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 at least three full years premiums have been paid.
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).