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Life Insurance Corporation |
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Age at entry |
Age of the Life Assured- 20 to 60 years (age nearest birthday) |
Age of the Life Assured at maturity |
Maximum 70 years (age nearest birthday) |
Term |
All terms from 10 to 25 years. In case of single premium mode minimum term shall be 5 Years. |
Minimum Sum Assured |
Rs. 50,000 /- |
Maximum Sum assured |
No limit. Sum Assured will be in multiples of Rs.5, 000 /- only. |
Mode |
Yearly, Half yearly, Quarterly, Monthly or through salary deductions in case of regular premiums. |
For Term Assurance Rider
Age at entry |
Age of the Life Assured- 20 to 50 years (age nearest birthday) |
Age of the Life Assured at maturity |
Maximum 60 years (age nearest birthday) |
Term |
NIL |
Minimum Sum Assured |
Rs. 1,00,000 /- |
Maximum Sum assured |
An amount equal to the Sum Assured under Basic Plan subject to the maximum of Rs. 25 lakh overall limit taking all term assurance riders availed under all existing policies of the life assured and the term assurance rider under the new proposal into consideration. |
Mode |
NIL |
The Term Assurance Rider Sum Assured will be in multiples of Rs.25,000 /-
For Critical Illness Rider
Age at entry |
Age of the life Assured- 20 to 50 years (age nearest birthday) |
Age of the Life Assured at maturity |
Maximum 60 years (age nearest birthday) |
Term |
NIL |
Minimum Sum Assured |
Rs. 50,000 /- |
Maximum Sum assured |
An amount equal to the Sum Assured under Basic Plan subject to the maximum of Rs. 5 lakh overall limit taking all critical illness riders availed under all existing policies of the life assured and the critical illness rider under the new proposal into consideration. |
Mode |
NIL |
The Critical Illness Rider Sum Assured will be in multiples of Rs.10,000 /-
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Top Providers |
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ICICI Prudential Life |
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SBI Life Insurance |
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Life Insurance Corp. |
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Bajaj Allianz Insurance |
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United India Insurance |
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