Product Specification-shubh-nivesh-jeevan-bima

Details About Premium Annual premium in Rupees Policy Details Grace Period: the provision of grace period is not applicable under Single Pay Plans Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy anytime. The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value. GSV = 70% of Single Premium if surrendered within 3 years or 90% of the Single Premium if surrendered after 3 years Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim. Additional Features or Riders High Sum Assured rebates are allowed for a coverage of 1.25 lakhs and above Inclusions The plan provides loan of up to 90% of the Surrender Value Exclusions In case of suicide committed within 12 months of policy inception only 80% of premiums paid are returned to the nominee.