|
Age at Entry
|
5 years to 60 years
|
|
Maturity Age
|
18 years to 73 years
|
|
Policy Term
|
13 years
|
|
Premium Payment Term
|
8 years | 10 years | 12 years
|
|
Annualised Premium#
|
Minimum:
Annual Mode:  25,000 p.a.
Other Modes: 30,000 p.a.
Maximum: No Limit, subject to Board approved underwriting policy
|
|
Base Sum Assured
|
11 X Annualised Premium#
Minimum Base Sum Assured will be: 11 X 25,000 = 2,75,000
|
|
Premium Payment Mode
|
Annual, Semi-annual, Quarterly and Monthly
|
Premium Bands
|
Band
|
Band 1
|
Band 2
|
Band 3
|
|
Annualised Premium#
|
Rs.25,000 to Rs.39,999
|
Rs.40,000 to Rs.99,999
|
Rs.1,00,000 & above
|
#Annualised Premium shall be the Premium payable in a Policy Year, excluding any premium towards underwriting extra, loadings for modal premium and taxes, if any