Gurans Savadhik Jeevan Beema Yojana (Gurans Endowment with Profit Policy)


The most popular form of life assurance since it makes provision for the family of the Assured in the event of early death, as also assures a lump sum amount at a desired age. The amount assured, if not paid by reason of earlier death becomes payable at the end of the endowment term. Premiums are payable for a term of years equal to the endowment term or until death if it occurs within this period. If payment of premiums is discontinued after at least two years premiums have been paid, a paid up policy for an amount bearing the same proportion to the sum assured as the number of premiums actually paid bears to the number stipulated for in the policy, will be automatically secured. Such reduced paid up policy will not be entitled to participate in the profits declared thereafter.

First Policy issue date

  • :: 01-06-2008

Key Feature

  • :: Minimum Entry Age : 16 Years
  • :: Maximum Entry Age : 65 Years
  • :: Minimum Policy Term: 5 Years
  • :: Maximum Policy Term: 59 Years
  • :: Maximum Maturity Age : 70 Years
  • :: Minimum Sum Assured: Rs. 25 Thousand
  • :: Premium Payment Frequency : Yearly/Half Yearly/Quarterly


  • :: Sum assured plus bonus in case of the maturity
  • :: Sum assured plus bonus will be paid to nominated person in case of death of the assured.
  • :: Loan facility
  • :: Tax benefits

Additional Benefits

  • :: Premium Waiver
  • :: Double Accident Benefit
  • :: Money Back
  • :: Monthly Income Benefit
  • :: Permanent Total Disability Benefit
  • :: Rider Benefit