TABLE NO 191: MARKET PLUS-I

TABLE NO 191: MARKET PLUS-I
A. Maturity Value: (On vesting)
Fund Value of Units will be compulsortiy converted into pension.
a. 1/3 Fund value can be commuted.
b. Choice of selecting any other insurance company to buy pension.
B. Death Benefit: before pension starts. (To nominee)
Natural death:
a. with life cover. Fund Value + S.A. of basic plan
b. without riafc mwm Fund value
c. Lapsed oomfHkm Fund Value as on date.
Nominee can take above in lump sum or in form of annuity or combination of both these for self.
C. OPTIONS
A. Life cover: Regular mode: 5 to 20 times of Premium and for Single Prem. = S.A. = S.P.
B. Accident benefit: Available @ 0.50p per 1000 S.A.
C. Critical Illness Rider: equal to S.A. or 10 lakhs which ever is less.
Life cover and Critical Illness Benefit charges, during a policy year, will be based on the age nearer birthday of the Policyholder, hence may increase every year on each policy anniversary.
D. Fund: The allocated premiums will be invested in any of the foBowing fund selected by L. A.
1. Bond fund. 2. income fund 3. Balanced fund. 4. Growth fund.
Switch over from one fund to another fund is allowed FOUR times during the year free of charge. Thereafter, charge of Rs.100/- per switch in that year.
E. Top up: The policyholder can also pay an additional premium, at any time, in multiple of Rs.1,000/-
F. For discontinued policy risk cover:. Available maximum for 2 years after payment of 3 years premiums by
cancelling the units for morality charges.
G. Increase/ decrease in benefits: the risk cover can be reduced but cannot be increase.

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Child Career Plan with Profit Plan No 184 and 185

Benefits under plan 184
• 30% of Sum Assured + Bonus, 5 years before maturity
• 15% of Sum Assured every year thereafter for 5 years
• Alongwith last S.B. payment Final Additional Bonus is payable.
• Risk Cover for 7 yrs. after maturity.

Benefits under Plan 185
• 25% of Sum Assured 5 years before maturity
• 10% of Sum Assured every year thereafter for 4 years
• 50% of Sum Assured + Bonus + Final Additional Bonus.
• Risk Cover for 7 years after maturity.

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Jeevan Tarang Table No. 178

Benefits:

• Life long money back @ 5.5% of SA is payable every year on survival after
• accumulation period which is as good as yearly pension without tax liability.
• Full risk cover.
• All riders allowed (Critical, Accident & Term Assurance Rider) during accumulation period.
• Vested Bonus will be paid in one Lumpsum at the end of accumulation
• period on survival till the end of accumulation period.
• Loan facility available (*in addition to periodic money back).
• SA+LA payable at age 100 or death (after accumulation period).
• Attractive rebates for S.A. & Hly. /Yly. modes.
• (12.50% for SA .5, lakhs 86 above in Single Premium)
• Ideal investment for all-entrepreneurs, businessmen, professionals etc-
• for their children to cater to their educational & all future needs.
• Exemptions under Sec 80C & Section 10 (10D) of Income Tax Act.

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