|
Age at entry## |
Minimum |
8 Years, subject to minimum age at maturity 18 years. |
|
Maximum |
60 Years |
|
Maturity Age## |
Minimum |
18 Years |
|
Maximum |
75 Years |
|
Policy Term |
Minimum |
7 Years |
|
Maximum |
20 Years |
|
Premium Payment Terms |
Policy Term(Years) |
Premium Payment Term Options(Years) |
|
7 |
5 |
|
8 |
5 or 6 |
|
9 |
5,6, or 7 |
|
10 |
5, 6, 7, 8, 9 or 10 |
|
11 |
6, 7, 8, 9, 10 or 11 |
|
12 |
7, 8, 9, 10, 11 or 12 |
|
13 |
8, 9, 10, 11, 12 or 13 |
|
14 |
9, 10, 11, 12, 13 or 14 |
|
15 |
10, 11, 12, 13, 14 or 15 |
|
16 |
11, 12, 13, 14 or 15 |
|
17 |
12, 13, 14 or 15 |
|
18 |
13, 14 or 15 |
|
19 |
14 or 15 |
|
20 |
15 |
|
Payout Period |
Equal to Premium Payment Term |
|
Annual Premium |
Minimum Annual Premium |
 17,142 |
|
Maximum Annual Premium |
No Limit, but subject to underwriting |
|
Premium Paying Mode |
Yearly, Half Yearly and Monthly*
For Policy Term less than 10 years, only Annual mode of premium payment is available |
|
Base Sum Assured |
11 X Annualized Premium |
##Age as on last birthday
Substandard lives may also be covered subject to Company’s Board Approved Underwriting Policy and with any extra premium, if applicable Goods and Services Tax will be charged over and above the quoted Premium.
* Monthly mode of Premium Payment is available only through credit card, direct card and ECS