Money Back Plan

Sammunati Jeevan Beema(Annual Money Back Plan)

Sammunati Jeevan Beema(Annual Money Back Plan)

Key Features:

Age at entry
Minimum Age 16 Years
Maximum Age 65 Years
Sum Assured
Minimum Sum Assured Rs 5,00,000
Maximum Sum Assured No Limit
Policy Term
Minimum Term 5 Years
Maximum Term 15 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 1,00,001 to 1,500,000 Rs 1 per thousand
Sum Assured 1,500,001 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

General Description:

  • On survival under this policy 5%of Sum Assured is payable annually to the Life Assured.
  • On survival to maturity remaining percentage of Sum Assured along with Bonuses declared and vested in the policy is payable.