(UIN: 133N019V01)
As good as it gets
Once in a while, you come across something that is just perfect. Like the Future
Saral Anand Plan. With 150% of the coverage till your 80th birthday, 300% cover
for accidental death, and compounded guaranteed additions and bonuses, this plan
give you all you need in practically no time with minimum paper work.
Key Features :
- Financial security with the cover up to your 80th birthday.
- Guaranteed Additions @3.5% of Sum Assured per annum compounding at the end of each
of the first 5 policy years
- Compounded Reversionary bonuses from the 6th policy year
- Survival Benefit of 100% of Sum assured plus guaranteed additions plus vested bonus
(if any) payable to you at the end of premium paying term
- Sum Assured with accrued guaranteed additions plus vested bonus (if any) plus terminal
bonus (if any) will be paid to your nominee on your demise during the premium paying
term
- 150% of the Sum Assured and terminal bonus (if any) will be paid
to your nominee on your demise after the premium paying term
- Inbuilt additional accidental death benefit during the premium paying term equivalent
to two times the sum assured
- Discount on large Sum Assured.
- Auto Cover available for two year from the first unpaid premium, provided the policy
has been in-force for 3 years
- Tax benefits u/s 80C for the premiums paid and u/s 10(10D) on the benefits received.
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Benefits :
Survival Benefit – We will pay 100% of Sum Assured along
with Guaranteed Additions and Vested Bonus (if any) on survival to the end of the
premium paying term
Death Benefits during Premium Paying Term – In case of your
demise, we will pay an amount equal to the sum assured along with guaranteed additions
and vested bonuses and terminal bonus (if any) to your nominee.
If your age at entry is 18 years (as on last birthday) or more on the date of commencement
of the policy, then in case of accidental death during the premium payment term,
in addition to the above, an accidental death cover equal to twice the sum assured
is payable.
If age at entry is less than 18 years, the accidental death benefit is not available
for the full policy term.
Death Benefits after Premium Paying Term – In case
of death before the age of 80 but after the premium paying term, we will pay an
amount equal to 150% of the sum assured and terminal bonus (if any) to your nominee.
Death of a minor life assured – In case of the death of a
minor life assured before risk commencement date, all premiums paid will be refunded.
Guaranteed Additions - The compounding guaranteed additions under
the policy are 3.5% per annum of the sum assured for the first five years of an
in-force policy. This amount will become payable only at the end of premium paying
term or on death, whichever is earlier.
Bonuses Accrued – From sixth year onwards, the policy shall
participate in the profits arising out of the Company’s ‘with profits’
life insurance business. It gets a share of the profits emerging from this business
in the form of bonuses. Compounded reversionary bonuses would be declared as a percentage
rate, which apply to the sum assured and guaranteed additions in respect of the
basic policy benefit and all attached bonuses. Compound Reversionary bonus will
be declared based on our long term view of investment returns, expenses, mortality
and other experiences. Once declared, the reversionary bonuses form part of the
guaranteed benefits to the plan. Future bonuses are, however, not guaranteed and
will depend on future profits of the company. The company may also declare a Terminal
Bonus, depending on experience, that will be paid along with Death Benefit.
Premium Table
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the premium table
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Premium (Site 2)
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