NEW
JEEVAN SURAKSHA 1
(A Unique Pension Plan)
'NEW
JEEVAN SURAKSHA 1' is a unique plan designed to provide
pension from a chosen retirement date. The plan can be taken
by anyone who wishes to set apart an amount as pension.
Salient
Features
-
For
the basic plan:
- Minimum
age at entry : 18 years.
- Maximum
age at entry: 65 years
- Minimum
vesting age : 50 years
- Maximum
vesting age : 79 years
- Minimum
deferment period : 2 years
- Maximum
deferment period : 35 years
- Minimum
Notional cash option for regular premium policies :Rs.50,000/-
- Minimum
premium : Rs.2,500/- p.a for regular premium
Rs.10,000/- for single premium policies
- For
Term Assurance Option:
- Maximum
Term Assurance Sum Assured would be equal to twice the
Notional Cash Option subject to a maximum of Rs. 25,00,000/-
(overall limit on riders on all plans).
- Minimum
Term Assurance Sum Assured : Rs. 1,00,000/- (If monthly
mode is opted: Rs.150/-)
- Maximum
age at entry 50
- Minimum
Term 10 years
- Maximum
Term 35 years
- Term
Assurance Rider cover ceases at age 60 years.
|
|