aegon-religare-guaranteed-income-advantage-insurance-plananytime-planbachat-yojana-planbhavishya-plus-planbima-advantage-plus-plancare-plus-planchola-swasth-parivar-planclassic-endowment-planclassic-plan-iicsc-shubhlabh-plandhan-nirman-plandhan-samriddhi-plandhan-suraksha-plus-plandhan-vridhi-planelite-advantage-planendowment-planextra-cover-a-combo-planflexi-smart-plus-planfortune-builder-insurance-planfortune-elite-planfortune-maxima-planfortune-pro-planfututre-idols-gold-plus-plangroup-insurance-planimaximize-insurance-planindividual-maxima-our-comprehensive-plan-that-covers-for-the-little-illnesses-tooinvest-maxima-planiraksha-supreme-planireturn-insurance-planmera-aashirvad-planmet-college-planmoney-balance-planmoney-multiplier-plannew-akshay-nidhi-plannew-endowment-plannew-shri-raksha-plannew-shri-vidya-plannew-shri-vivah-planpay-five-planplatinum-insurance-planpramukh-nivesh-ulip-planpremier-endowment-insurance-planpremier-endowment-planprogrowth-flexi-planprogrowth-maximiser-planprotector-plus-planrakshak-plus-planrising-star-insurance-planroz-sanchay-plansahaj-suraksha-plansampoorn-samridhi-plus-plansamriddhi-plansaral-maha-anand-plansaral-suraksha-plansaral-swadhan-plus-planshubh-labh-planshubh-nivesh-plansimple-benefit-plansingle-invest-advantage-plansl-crest-plansmart-wealth-plus-plantopup-individual-plantraditional-plan-indiaunit-link-plansvision-endowment-planvision-endowment-plus-planvision-regular-returns-planvision-star-planyoungstar-udaan-planclick2-protect-plus-plansampoorna-suraksha-micro-insurance-plan
Mera Ashirvad is a traditional child plan
Introduction/Overview Mera Ashirvad is a traditional child plan which safeguards the childs future even in the absence of the policyholder by creating a guaranteed corpus Key Features This plan is a non-participating plan with limited premium payment term The Maturity Benefit has two variants of Option A and Option B with different payout structure Guaranteed Addition of 5% is added to the SA under Option B The PPT depends on the childs age
Product Specification
Details About Premium Annual premium in Rupees for a SA of 5 lakhs Policy Details Grace Period: 15 days grace period is allowed for premium payment in monthly modes and 30 days in other modes Policy Termination or Surrender Benefit: the policy can be surrendered anytime if one full years premium has been paid. The Surrender value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) if at least 3 full years premiums have been paid else the GSV is paid GSV = % of all Premiums paid – Guaranteed Staggered Payouts already paid 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 The policy provides loan facility if at least 3 full years premiums have been paid Additional Features or Riders Discount in premium for coverages of 6 lakhs and above Exclusions In case of suicide within 12 months from inception 80% of premiums paid are returned and within12 months of revival, higher of 80% of premiums paid or the acquired Surrender Value is payable
Benefits
A part of the SA can be availed in Guaranteed Staggered Payouts after the PPT under Maturity option A @ 7.5% in the first 2 years post PPT and 10% in the next two years On Maturity, under Option A, 65% of the SA is paid and under Option B, 105% of the SA is paid On death, Sum Assured on death is payable which is higher of 10 times the annual premium or 105% of all premiums paid. After death, all future premiums are waived off but the plan continues. The Guaranteed Staggered Payouts are paid as they accrue and on maturity the maturity benefit is paid Income tax benefit under Sections 80C and 10(10D) for premiums paid and claims received respectively.
Documents Required
Policyholder has to fill up an `Application form/ proposal form with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.
Mera Ashirvad is a traditional child plan
Introduction/Overview Mera Ashirvad is a traditional child plan which safeguards the childs future even in the absence of the policyholder by creating a guaranteed corpus Key Features This plan is a non-participating plan with limited premium payment term The Maturity Benefit has two variants of Option A and Option B with different payout structure Guaranteed Addition of 5% is added to the SA under Option B The PPT depends on the childs age
Product Specification
Details About Premium Annual premium in Rupees for a SA of 5 lakhs Policy Details Grace Period: 15 days grace period is allowed for premium payment in monthly modes and 30 days in other modes Policy Termination or Surrender Benefit: the policy can be surrendered anytime if one full years premium has been paid. The Surrender value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) if at least 3 full years premiums have been paid else the GSV is paid GSV = % of all Premiums paid – Guaranteed Staggered Payouts already paid 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 The policy provides loan facility if at least 3 full years premiums have been paid Additional Features or Riders Discount in premium for coverages of 6 lakhs and above Exclusions In case of suicide within 12 months from inception 80% of premiums paid are returned and within12 months of revival, higher of 80% of premiums paid or the acquired Surrender Value is payable
Benefits
A part of the SA can be availed in Guaranteed Staggered Payouts after the PPT under Maturity option A @ 7.5% in the first 2 years post PPT and 10% in the next two years On Maturity, under Option A, 65% of the SA is paid and under Option B, 105% of the SA is paid On death, Sum Assured on death is payable which is higher of 10 times the annual premium or 105% of all premiums paid. After death, all future premiums are waived off but the plan continues. The Guaranteed Staggered Payouts are paid as they accrue and on maturity the maturity benefit is paid Income tax benefit under Sections 80C and 10(10D) for premiums paid and claims received respectively.
Documents Required
Policyholder has to fill up an `Application form/ proposal form with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.