Jeevan Shree-I

Plans for High Worth Individuals -

Match your highflying lifestyle with the

right kind of investment.

Feature : This plan is like an Endowment plan suitable for high earning people with convenient premium paying terms. This helps them to pay the premiums in their most productive years.

Maturity Benefit : Basic S.A. + vested G.A.@ Rs.50 per 1000 S.A [for 1st 5 years] + Reversionary Bonus [6th year onwards]

Death Benefit : [a] During first 5 policy years : Basic S.A. + vested G.A.@ Rs.50 per 1000 S.A. for each completed year. [b] On death after first 5 years : Basic S.A. + vested G.A.@ Rs.50 per 1000 S.A. for year for the first 5 years + accrued Reversionary Bonuses declared from 6th year onwards.

Term Assurance Rider Option : Premiums are payabel during the PPT & an amount equal to Term 
Assurance S.A. will be payable in addition to the premium under the basic plan. Std./Sub.Std.lives [upto class 3 EMR] & Female lives category 1 & 2 allowed. Pregnant Females,  Handicapped Lives & Persons attracting Occupational Extra of more than Rs.4 per 1000 S.A. are not allowed.

Paid - up Value : [a] For PPT 10 years & less, atleast 1 full year's premium should have been paid. [b] For more than 10 years PPT 2 full years premiums should have been paid.

The Policy can be surrendered for cash after completion of three policy years.

Premiums : Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the premium paying term or till earlier death. Alternatively premium may be paid in one lump sum (Single premium).Guaranteed Additions:The policy provides for the Guaranteed Additions at the rate of Rs. 50/- per thousand Sum Assured for each completed year for first five years of the policy. The Guaranteed Additions are payable along with the Basic Sum Assured at the time of claim.

Bonuses : The policy participates in the profits of the Corporation’s life insurance business from the 6th year onwards. It will get a share of the profits in the form of bonuses. Simple Reversionary Bonuses will be declared per thousand Basic Sum Assured annually at the end of each financial year. Once declared, they will form part of the guaranteed benefits of the plan.