- 8 to 12 years :Because Education is important.
- 13 to 18 years :To get that head start in life.
- 19 to 25 years :Save. It’s time to inculcate financial discipline.
- 26 to 34 years :You have your loved ones to protect.
- 35 to 45 years :This plan gets you the best of Stock Market Benefits through highest NAV.
- 46 to 55 years : Because Samridhi Plus is designed for your prosperity.
- 55 to 65 years :The best of Samridhi Plus is for you - Insurance Protection, Safety & Growth for your investments.
Samridhi Plus an excellent plan for all ages
SAMRIDHI PLUS - SURRENDER VALUE
Withdrawal before 5 years:
Monetary Value is calculated on the date of termination.
The amount so calculated will earn minimum interest @ 3.5% p.a. from date of withdrawal to completion of 5 years and will be paid on completion of 5 years from the date of commencement.
Withdrawal after 5 years :
Fund Value is payable.
No discontinuance charges apply after 4 years from commencement.SAMRIDHI PLUS - MATURITY BENEFIT
Highest NAV Fund Value Or Maturity Fund Value Whichever is higher.
Highest NAV Fund Value:
No. Of Units at Maturity x Highest NAV of 1st 100 months
Maturity Fund Value:
No. of Units at Maturity x NAV on the date of Maturity.
Higher of Highest NAV Fund Value and Maturity Fund Value will be payable at Maturity.
SAMRIDHI PLUS | Highest Net Asset Value (NAV) over the first 100 months of the Policy
SAMRIDHI PLUS (PlanNo-804)
A closed ended plan for sale from 25th Feb, 2011 and close ended product.
An UUP plan with a policy term of 10 Yrs that offers payment of Fund Value at the end of policy term based on: HIGHEST Net Asset Value (NAV) over the first 100 months of the Policy
01 The NAV as applicable at the end of the policy term, whichever is higher.
FEATURES:
- Minimum Entry Age : 8 years (Last Birthday).
- Maximum Entry Age : 65 Years (Nearest Birthday).
- Policy Term : 10 Years.
- Premium Paying Term : Single Premium OR 5 Years regular premium
- Minimum Single Premium : Rs.30,000/- Maximum: Unlimited.
- Minimum Regular Premium : Rs. 15,000/- Maximum: lLac per annum.
BENEFITS PAYABLE AT THE END OF POLICY TERM (Maturity Benefit)
An amount equal to the policy holder's fund based on the highest NAV over first 100 months of the policy term OR NAV as applicable at the end of the policy term, whichever is higher, shall be payable.
BENEFITS PAYABLE ON DEATH DURING THE TERM: Sum-Assured OR Policyholder's Fund Value which ever is higher shall be payable provided policy is in full force. In case of discontinued policies only fund value shall be payable.
USPs:
- Available at initial NAV of Rs. 10/-
- Available for a limited period of Maximum 3 months.
- NAV computed on daily bais.
- Risk premium charged only on difference of SA and Fund Value.
- No risk premium when Fund Value exceeds SA.
- Handsome risk cover (death benefit) upto maximum 20 times of annual premium.
- Partial Withdrawal facility available (After 5 year - twice in a year)
- Highest NAV is guaranteed even after partial withdrawal.
- Very low allocation and administrative charges. Low FMC/Guarantee charges.
- No surrender charge after 5 years.
- Available with Single premium and 5 years Premium payment term.
- Tax benefits available as per I.T. rules
- Flexibility in deciding Risk Cover.
- All modes of payment (Single, Yly, Hly, Qly, ECS(MLY) available.
Guarantee is applicable only to those policies which continue till maturity.
LICs SAMRIDHI PLUS (804) LIMITED PERIOD OFFER
LICs New Plan SAMRIDHI PLUS (table no. 804) LIMITED PERIOD OFFER
- HIGHEST NAV OF FIRST 100 MONTHS - GUARANTEED AT MATURITY
- SHORT PREMIUM PAYING TERM - 5 YRS (Yly /Hly/Qtly/Mly ECS )
- UNLIMITED INVESTMENT under SINGLE premium
- MINIMUM PREMIUM SGL-30000/- YLY 15000/- HLY 8000/- QLY 4000/- ECS 1500/-
- POLICY TERM 10 YRS
- FACE VALUERS 10/-
- INSURANCE PROTECTION
- LIQUIDITY- PARTIAL WITHDRAWALS
- ENTRY AGE 8 (Ibd ) TO 65 (nbd)
- NON MEDICAL UP TO AGE 60 YRS ( under SGL MODE Exclusive cond apply)
- LOCK IN PERIOD 5 YRS
- NO SV CHARGES AFTER 5 YRS
- ASSIGNMENT IS ALLOWED
- BEST TO BEAT INFLATION
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