RASHMI
| Endowment policy with participation
in profits, with part payments and with extended life cover
for ten years or up to age 70 years, whichever is earlier
after maturity. This policy
can be issued for terms 10, 15 and 20 years. The maximum
age at expiry, including the extended period of life cover,
should not exceed 70 years.
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| Benefits Payable:
On Survival
| • |
Part payment of 15.00% and 20.00% of the
basic sum assured at the expiry of 4 and 7 years respectively
and the balance 65.00% of the basic sum assured at the
maturity date for policies with term 10 years. |
| • |
Part payment of 15.00% and 20.00% of the basic sum
assured at the expiry of 5 and 10 years respectively
and the balance 65.00% of the basic sum assured at the
maturity date for policies with term 15 years. |
| • |
Part payment of 10.00%, 15.00% and 20.00% of the basic
sum assured at the expiry of 5, 10 and 15 years respectively
and the balance 55.00% of the basic sum assured at the
maturity date for policies with term 20 years. |
Simple reversionary bonus
will accrue, on the basic sum assured, during the premium
paying period, or up to the date of prior death. The accrued
bonus will be paid at either maturity or prior death.
On Death only the basic sum assured
will be paid
Before maturity, the full basic sum assured plus accrued
bonus will be paid. During the extended period of life cover,
the full basic sum assured only will be paid.
The following riders can be added to this policy.
| • |
Additional life benefit |
| • |
Accidental Death Benefit |
| • |
Total Permanent Disability Due to accident
or sickness |
| • |
Total Permanent Disability Due to accident
only |
| • |
Partial Permanent Disability Due to accident
only |
| • |
Critical illness benefit covering 28 illnesses |
| • |
Hospitalization Benefit |
| • |
Above 1 – 6 benefits for spouse |
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