Gurans Jeevan Shree Beema Yojana (Gurans Endowment with Whole Life Policy)
The mostly benefied product for the assured.
First Policy issue date
- :: 18-11-2008
- :: 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
- 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
- :: 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.