Jeevan Labh Plan (Table-936) |
|
| Age | 8-59 Years |
| Policy Term (Premium Paying Term) | 16 (10) Years 21 (15) Years 25 (25) Years |
| Premium needs to be paid for Premium Paying Term and maturity occurs after policy term. | |
| Maximum Age At Maturity | 75 Years |
| Maturity Amount After Completion of Policy Term | Basic Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) during Policy Term + Final Additional Bonus (FAB) |
| Death Sum Assured | Basic Sum Assured or 7 times of Annualised Premium, whichever is higher. |
| Death Claim Amount During Policy Term | Death Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) till the time of Death + Final Additional Bonus (FAB) + Term Rider Sum Assured (if Opted). Additional Accidental Rider Sum Assured in case of Accidental Death (if opted) |
| Available Riders | Accidental and Disability Benefit Rider, Term Assurance Rider, Accidental Benefit Rider, Premium Waiver Benefit (PWB) Rider |
| Surrender and Loan | Available if, all premiums of First 2 Years are paid. |
| Tax Benefit | Premium is exempted (80c) and Maturity/Death Claim is Tax Free (10(10D) |