JEEVAN_SHAGUN

Jeevan Shagun

This is new policy introduced by Life Insurance Corporation of India. Only one premium and so many benefits.

:: Age limits::

8 years-45 years

::Benefits::

1)  On 10^th year-  15% of the sum assured.

2)  On 11th year-  20% of the sum assured.

3)  On 12^th year  -remaining sum assured. And loyalty bonus ( if any).

Mode of premium payment – single premium.

Gender allowed – Male as  well as Female.

Sum assured Rebate- available.

Loan available- Yes, available after completion of one policy year.

Back dating – Yes, Interest will be charged for full period of back-dating.

:: Risk Covered ::

10 times of the premium

NOTE* - policy is available for limited period!

Its close ended plan which would be open for sale from 1^st September 2014 to maximum 90 days.