Sambridhha Jeevan Beema (Endowment Plan-Regular)

“Sambriddha Jeevan Beema” is an endowment policy. The plan consist saving component and protection of life. It help to create a fund for your older age and serves financial protection to your dependent.

It Offers:

  • 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 bonus.

Key Features:

Age at entry
Minimum Age 16 Years
Maximum Age 65 Years
Sum Assured
Minimum Sum Assured Rs 25,000
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 Extra 5% charge
Sum Assured Discount
Sum Assured 100,000.00 to 199,000.00 Rs 1 per thousand
Sum Assured 200,000 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