Professional Documents
Culture Documents
1 Provided all due premiums have been paid and the policy is in force.
2 As per Income Tax, 1961. Tax benefits are subject to changes in tax laws.
DRAFT COPY
On the road to achieving major goals, plan for
the smaller milestones too
Ayan is in his 30s and has a wish-list of things that he wants to achieve. These include
having the best lifestyle possible, going on short holidays and ensuring that he is ready
for growing responsibilities
Ayan wants to enjoy small joys even from the hustle and bustle of everyday life. He is aware
that with time his responsibilities will also grow and wants to be prepared with
supplementary income.
Premium Paying Term (PPT) for 10 years Payout Period for 10 years
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
Policy Term (PT) of 11 years Guaranteed Income payable during payout period
PPT
Entry Age : 5 to 50 Years Entry Age : 51 to 60 Years
1. Annualized Premium shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings
for modal premiums, if any.
2. Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.
Policy at glance
Feature Specification
Annual: ` 30,000
Minimum Annualized Half yearly: ` 15,000
Premium Quarterly: ` 7,500
Monthly: ` 2,500