MONEY BACK AND MATURITY

The plan provides Guaranteed additions (GAs) at the rate Rs 50 per thousand of Sum Assured for first 5 policy years and Rs. 55 per thousand of sum assured from 6th year till the year of last premium payment and one time loyalty addition on maturity. During the policy term, this plan provides two fixed money backs (as certain percentage of Sum Assured) and on completion of policy term, maturity will be Sum Assured + Guaranteed additions (GAs) + Loyalty Addition (LA). Following table provides money backs and maturity details of all term available in this plan.

Policy Term (Years)1st Money Back2nd Money BackMaturity Details
(on completion of policy term)
1430% of SA at end of 10th policy year30% of SA at end of 12th policy year40% of SA + GAs + LA
1635% of SA at end of 12th policy year35% of SA at end of 14th policy year30% of SA + GAs + LA
1840% of SA at end of 14th policy year40% of SA at end of 16th policy year20% of SA + GAs + LA
1845% of SA at end of 16th policy year45% of SA at end of 18th policy year10% of SA + GAs + LA

In above table, SA is Basic Sum Assured or simply Sum Assured

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