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NAGPUR (WEST) 99G BRANCH

Plan No. 807 (launching on 23rd Jan.12)


A must plan for all parents. Your child is the prime focus of your life A plan in on the life of Parents and the dearest child is the beneficiary. Jeevan Ankur is specially designed for the benefit of the children. Jeevan Ankur is an excellent plan to meet the multiple financial needs that arise as kids grow up. Jeevan Ankur assures that your childs financial needs are met in case of your unfortunate demise. SALIENT FEATURES OF JEEVAN ANKUR ELEGIBILITY CONDITIONS 1) Age : Min. 18 years (completed) & Max. 50 years (nbd) 2) Age of Child : 0 to 17 years (lbd) 3) Pol. Term: Higher of (18 age of child) OR 8 yrs. / Max.Term = 25 age of child. 4) Sum Assured : Min. Rs. 1 lakh, Max. : no limit. ( multiple of Rs.5000) 5) MODES OF PREMIUM PAYMENT: Yly./Hly./Qly./Mly. (ECS/SSS) & SINGLE PREMIUM 6) Loan : No loan facility available. 7) Back-dating : allowed (within financial year) 8) Surrender : After 3 years (for regular pols), After 1 year (Single Prem. Pols) 9) Nominee: The named child shall be the only nominee. An appointee shall be required, since the nominee is minor. In case of death of child during the term, L.A. may nominate another person. 10) Proposal form : No.300 (addnl. Declaration for nomination is required) 11) Accident benefit: available @ Rs. 0.50 per thousand S.A. (Max. 50 lacs overall limit 12) Critical Illness Benefit Rider : Available * (PWB available *) BENEFITS a) DEATH BENEFIT : L.A.s death during the term : (1) Basic S.A. is payable immediately on death. (2) INCOME BENEFIT= In addition, 10% of S.A. is payable every policy year upto the end of policy term to the nominee child. (3) on the date of Maturity: Basic S.A. + Loyalty addition b) MATURITY BENEFIT : Basic S.A. + loyalty addition.

c) On Death of child, when L.A. is alive: The L.A. will have an option to nominate another child/person & the policy will continue with the same benefits payable to new nominee after the death of L.A. during the term of policy.

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