Benefits
Maturity Benefit : Single Premium paid, excluding extra primium with loyalty additions, If any, shall be payable in case of life assured surviving to the end of the term.
Survival Benefit : In case the Life Assured is surving tl the end of the specified durations the folling benefits shall be payable :
For policy term 9 years : 15% of the sum assured at the end of each 3rd and 6th policy year.
For policy term 12 years : 15% of the sum assured at the end of each 3rd, 6th and 9th policy year.
For policy term 15 years : 15% of the sum assured at the end of each 3rd, 6th, 9th and 12th policy year.
Death Benefit : On death of the life assured during the term of the policy , an amount equal to sum assured shall be payable.
Maturity Benefit : Single Premium paid, excluding extra primium with loyalty additions, If any, shall be payable in case of life assured surviving to the end of the term.
Survival Benefit : In case the Life Assured is surving tl the end of the specified durations the folling benefits shall be payable :
For policy term 9 years : 15% of the sum assured at the end of each 3rd and 6th policy year.
For policy term 12 years : 15% of the sum assured at the end of each 3rd, 6th and 9th policy year.
For policy term 15 years : 15% of the sum assured at the end of each 3rd, 6th, 9th and 12th policy year.
Death Benefit : On death of the life assured during the term of the policy , an amount equal to sum assured shall be payable.
In the following its an example of a 41 year old person investing Rs98424 in Bima Bachat for 15years
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This is only indications actual value may change |
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