Product Specification-vision-endowment-plan

Details About Premium Annual premium in Rupees for a 35 year old male with a term of 20 years and PPT of 10 years Policy Details Grace Period: 15 days grace period is allowed for premium payment in monthly mode and 30 days in annual and half-yearly mode. If policyholder fails to make payment within the grace period, the policy lapses Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy after 2 / 3 full years premiums have been paid. The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value. GSV = (GSV % of Premiums paid + GSV% of vested Bonuses) 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. Inclusions Loan is available under the plan with a minimum amount of Rs.5000 and maximum of 85% of the Surrender Value Additional Features or Riders Rebates in premium for choosing annual and semi-annual mode @ 5% and 2% respectively High SA rebates are also allowed Waiver of Premium Rider is also available under the plan Exclusions In case of suicide committed within 12 months of policy inception or revival only the premiums paid or the Surrender Value is refunded In case of accidental benefit rider, accidents due to service in the army, self-inflicted injury, alcohol abuse, aviation, acts of criminal nature, war or terrorism, participating in hazardous activities, etc. are excluded