Jeevan chhaya
is an Endowment Assurance plan for those having a child aged less than an
year(not an adopted one). This plan makes provision for the child’s higher
education or marriage. If the policy holder dies during the term of the policy,
an additional sum assured is payable. If the child is less than an year old, a
joint declaration by both husband and wife is a must. Besides payment of Sum
Assured immediately on death, one-fourth of Sum Assured is payable at the end
of each of last four years of policy term whether the life assured dies or
survives the term of the policy.
PLAN PARAMETERS
Age at entry
|
Min. 18 yrs, Max. 45
yrs
|
Maturity Age
|
Max: 65 yrs
|
Term of policy
|
5 yrs for S.P & 10 yrs for regular Max. 25 yrs
|
Sum assured
|
Min. 50,000,
Max. No Limit
|
Mode of
payment
|
YLY/
HLY/QLY/SSS/MLY
|
Accident
benefit
|
: Re. 1extra
per
(Max. 50 Lac inclusive 1000 S.A. All plan) |
Policy loan
|
yes
|
Housing loan
|
Yes
|
Assignment
|
Yes
|
Revival
|
Yes
|
Surrender of policy
|
Yes
|
Term rider
|
N.A.
|
CIR
|
N.A.
|
| Call us for New LIC: +09820934872 |
| Email us for new LIC: support@licindiaagent.com |
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