Wednesday, December 31, 2008

Jeevan Anand

A blend of happiness
and security
JEEVAN ANAND


Zindagi ke saath bhi, zindagi ke baad bhi. 
                     Get double benefits with Jeevan Anand.


Make Provisions for loved ones while enjoying long-term personal benefits.
Product summary: This plan is a combination of Endowment Assurance and Whole Life plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival.
Premium: Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the selected term of the policy or till earlier death.
Bonuses: This is a with-profit plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Bonuses will be added during the selected term or till death, if it occurs earlier. Final (Additional) Bonus may also be payable provided the policy has run for certain minimum period.
Benefits : Sum Assured along with all vested bonuses payable at the end of the premium paying term (Endowment term)
Death Benefit : Sum Assured along with vested bonuses payable on death during the premium paying term and policy comes to an end. An amount equal to the Sum Assured is payable if death occures after the premium paying term.

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