Jeevan Ankur (Plan no. 807) Benefits
Maturity Benefit:
An Amount equal to Sum Assured plus Loyalty Additions, if any.
The Maturity Benefit is also paid to nominee along with Sum Assured and Income Benefit payments in event of Death of the Life Assured.
Death Benefit :
• Immediate payment of an amount equal to the Basic Sum Assured.
• Income Benefit - Income Benefit equal to 10% of the Basic Sum Assured is payable on each Policy
anniversary from the policy anniversary coinciding with or next following the date of death, till the end
of policy term to the nominee child.
• Another lump sum equal to Basic Sum Assured with Loyalty Addition, if any, on the maturity date
Maturity Benefit:
An Amount equal to Sum Assured plus Loyalty Additions, if any.
The Maturity Benefit is also paid to nominee along with Sum Assured and Income Benefit payments in event of Death of the Life Assured.
Death Benefit :
• Immediate payment of an amount equal to the Basic Sum Assured.
• Income Benefit - Income Benefit equal to 10% of the Basic Sum Assured is payable on each Policy
anniversary from the policy anniversary coinciding with or next following the date of death, till the end
of policy term to the nominee child.
• Another lump sum equal to Basic Sum Assured with Loyalty Addition, if any, on the maturity date
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