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Jeevan Anand

Jeevan Anand. Rajat Dewan Financial Consultant 9871878299. Features. This plan is the combination of whole life Policy and Endowment Plan This Plan provides S.A. and Bonuses at the end of stipulated PPT, but the risk cover on life continues till death

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Jeevan Anand

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  1. Jeevan Anand Rajat Dewan Financial Consultant 9871878299

  2. Features • This plan is the combination of whole life Policy and Endowment Plan • This Plan provides S.A. and Bonuses at the end of stipulated PPT, but the risk cover on life continues till death • The Policyholders will be benefited by giving protection to their families from a financial setback

  3. Benefits • Maturity Benefit : SA+ Bonus+ FAB if any is payable at the end of the premium paying term (PPT) • Death Benefit : If death occurs during the premium paying term S.A. + Bonus + FAB if any is payable

  4. If death occurs after the premium paying term. Again SA is payable to the Nominee

  5. Accident Benefit • The double Accident Benefit is available during the premium paying term and thereafter up to age 70. The premium for this has been built into the tabular premium rates

  6. Example • Mr. Roy @25 years opts for Jeevan Anand for a policy for 20 years with a S.A. for Rs 5 Lac. He has to pay annual premium Rs 26701/- • On maturity Mr. Roy will get Rs 930000/- (SA + Bonus as per 2005 rates 43 per thousand) • Even after the premium paying term is over, risk cover continues till death

  7. In case of any mishappening Nominee will get the SA again in addition to 930000/- total amount paid on a policy of 5 Lac 1430000/- • In case the mishappening is before the age of 70 with an accident, the nominee will be given double the SA which is 1000000/- and the total amount given on a policy of 5 Lac is 1930000/-

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