Amulya Jeevan Beema (Endowment Cum Whole Life Plan)

“Amulya Jeevan Beema” is a simple Whole life cum endowment policy. The plan provides financial security up to 100 years of your age. Insured can enjoy life insurance benefit at maturity with lump sum amount of Sum Assured and Bonus vested in policy.Thenafter,, continued insurance coverage of Sum Assured up to age of 100 years.

It Offers:

  • Lifelong protection
  • Security to fulfill financial obligation.
  • Tax Benefit: 7% of Sum Assured or 25,000.00 annual premium whichever is lower is deductible while computing your annual taxable income.
  • Additional Coverage throughout policy term in terms of Riders: Accidental Death Benefit (ADB). Total Permanent Disability (TPD) Benefit due to accident and Premium Waiver Benefit (PWB)
  • Sharing of Profit and vested in policy

Key Features:

Age at entry
Minimum Age 11 Years
Maximum Age 65 Years
Sum Assured
Minimum Sum Assured 1 lakhs
Maximum Sum Assured No Limit
Policy Term
Minimum Term 5 years
Maximum Term 59 years
Premium Discount on Mode of Premium Payment
Yearly Mode 2%
Half Yearly Mode 1%
Quarterly Mode Nil
Monthly Mode 5% extra charge
Sum Assured Discount
Sum Assured 200,000.00 to 299,999.00 Rs 1 per thousand
Sum Assured 300,000 and above Rs 2 per thousand
Rider Sum Assured Limit
Accidental Death Benefit (ADB) Equal to Base Sum Assured
maximum up to 50,00,000
Total Permanent Disability (TPD) Equal to Base Sum Assured
maximum up to 50,00,000
Premium Waiver Benefit (PWB) Equal to Base Sum Assured
maximum up to 50,00,000