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  • 947 Jeevan Shiromani_English

    This plan is basically for high net worth individuals which we called HNIs.


    947 Jeevan Shiromani_Hindi

    This plan is basically for high net worth individuals which we called HNIs.


    It is a non linked, with profits, limited premium payment money back life insurance plan especially designed for High Net-worth Individuals.  This plan provides lump sum financial support to family in case of death but also provides payment in case of diagnosis of specified critical illness.

    Combination of Moneyback and Life Insurance

    It gives you lump sum amount in case of death during policy term and incase of survival, survival benefit amount is payable on Term – 4 Years, Term – 2 Years and on completion of Term.


    Lump sum Benefit for Inbuilt Critical Illness

    On diagnosis of any specified critical illness diseases, 10 % of Basic Sum Assured will be payable with an option to defer premium payment for next 2 policy term without any interest. Also FREE Second Medical Opinion Option is available.


    Profit Sharing in Terms of Guaranteed Additions

    Policy is eligible for guaranteed bonus at the rate of Rs. 50.00 per thousand per year during first 5 policy term and thereafter at the rate of Rs. 55.00 per thousand per year


    Additional Accidental Benefit

    Standalone Additional Accident Benefit Maximum of Rs. 1,00,00,00/- is allowed other than regular accidental benefit under other policies.


    Advantages

    Avail Tax benefit on premium paid
    Tax Free maturity amount
    Tension Free Claim Settlement

    Conditions

          

    Minimum

    Maximum

      Age at Entry

    18 Years Completed

    55 Years for Policy Term  14 Years

    51 Years for Policy Term  16 Years

    48 Years for Policy Term  18 Years

    45 Years for Policy Term  20 Years

    Sum Assured

    Rs 1,00,00,000

    No Limit

    Policy Term

    14 Years

    16 Years

    18 Years

    20 Years

    Premium Paying Term

    Policy Term – 4 Years

    Maturity Age

    69 Years for Policy Term  14 Years

    67 Years for Policy Term  16 Years

    66 Years for Policy Term  18 Years

    65 Years for Policy Term  20 Years

    Mode of Payment

    Yearly, Half Yearly, Quarterly, Monthly (NACH), SSS

     

    The Basic Sum Assured shall be in Multiples of Rs. 5,00,000 / -

    DAB Conditions

           

    Minimum

    Maximum

      Age at Entry

    18 Years Completed

    55 Years for Policy Term  14 Years

    51 Years for Policy Term  16 Years

    48 Years for Policy Term  18 Years

    45 Years for Policy Term  20 Years

    Sum Assured

    Rs. 10,000

    Rs 1,00,00,000

    Cover Ceasing Age

    At the End of Policy Term


    The Double Accident Sum Assured shall be in Multiples of Rs. 10,000 / -

     

    Term Assurance Conditions

           

    Minimum

    Maximum

      Age at Entry

    18 Years Completed

    55 Years for Policy Term  14 Years

    51 Years for Policy Term  16 Years

    48 Years for Policy Term  18 Years

    45 Years for Policy Term  20 Years

    Sum Assured

    Rs 1, 00,000

    Rs. 25,00,000

    Cover Ceasing Age

    At the End of Policy Term

     

    The Term Assurance Sum Assured shall be in Multiples of Rs. 5,000 / -

     

    Critical Illness Rider

           

    Minimum

    Maximum

      Age at Entry

    18 Years Completed

    55 Years for Policy Term  14 Years

    51 Years for Policy Term  16 Years

    48 Years for Policy Term  18 Years

    45 Years for Policy Term  20 Years

    Sum Assured

    Rs 1,00,000

    Rs. 25,00,000

    Cover Ceasing Age

    At the End of Policy Term

     

    The Critical Illness Sum Assured shall be in Multiples of Rs. 25,000 / -