Gurans Jeevan Shree Beema Yojana (Gurans Endowment with Whole Life Policy)

wholelife

The mostly benefied product for the assured.

First Policy issue date

  • :: 18-11-2008

Key Feature

  • :: Minimum Entry Age : 16 Years
  • :: Maximum Entry Age : 65 Years
  • :: Minimum Policy Term: 5 Years
  • :: Maximum Policy Term: 54 Years
  • :: Maximum Maturity Age : 70 Years
  • :: Minimum Sum Assured: Rs. 1 Lacks.
  • :: Premium Payment Frequency : Yearly/Half Yearly/Quarterly

Benefits

  • a) On Death of Life Assured during the term of the policy: FULL SUM ASSURED + BONUSES DECLARED AND VESTED IN THE POLICY.
  • b) On Survival to Maturity Date: SUM ASSURED + BONUSES DECLARED AND VESTED IN THE POLICY
  • c) On Death of Life Assured after the premium term of the policy: FULL SUM ASSURED
  • d) Premiums are payable : UPTO THE DATE OF MATURITY OR UPTO DEATH IF EARLIER
  • e) Loan facility
  • f) Tax benefits

Additional Benefits

  • :: Double accident benefit is available with nominal extra premium. In case of accidential death of the assured, a nominee will receive assured amount, bonus plus Rs. 25 lac (maximum) or whichever is lower than rider benefit amount.