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 Back||2nd Money Back||Maturity Details|
(on completion of policy term)
|14||30% of SA at end of 10th policy year||30% of SA at end of 12th policy year||40% of SA + GAs + LA|
|16||35% of SA at end of 12th policy year||35% of SA at end of 14th policy year||30% of SA + GAs + LA|
|18||40% of SA at end of 14th policy year||40% of SA at end of 16th policy year||20% of SA + GAs + LA|
|18||45% of SA at end of 16th policy year||45% of SA at end of 18th policy year||10% of SA + GAs + LA|
In above table, SA is Basic Sum Assured or simply Sum Assured