Benefits-dhfl-aajeevan-samriddhi-plan

If the policyholder survives until the policy matures which will be when the policyholder turns 99 years of age, then he or she receives a Maturity Benefit. The Maturity Benefit is the Basic Sum Assured plus the Final Bonus if any. On turning 65 years of age, the policyholder receives a Survival Benefit that is the accrued Reversionary Bonus plus the Accrued Guaranteed Additions. In the unfortunate event of the demise of the policyholder, the nominee receives a Death Benefit. The Death Benefit paid is paid as per the following rules: When the death occurs within the first five policy years, the nominee will receive the Basic Death Benefit plus the accrued Guaranteed Additions. When the death occurs after the first five policy years till the policyholder turns 65 years as on the last birthday, the nominee receives the Basic Death Benefit plus the accrued Guaranteed Additions plus the accrued Reversionary Bonuses and Final Bonuses, if any. When the death occurs when the policyholder is between the ages of 65 to 99, the nominee receives the Basic Death Benefit plus the Final Bonus if any. Tax benefits may be availed as per the prevailing income tax rules of the Income Tax Act. This policy provides Compound Reversionary Bonus, Interim and Final Bonus that accrue from the sixth policy year until the age of sixty-five and are paid as part of the Survival Benefit or Death Benefit. The policyholder receives Guaranteed Additions for each completed policy year for the first five policy years.