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The whole life policy without and with profit

Premiums are payable throughout the lifetime of the life assured and this ids the cheapest form of policy.

If payment of premium ceases after at least three years premiums have been paid, a free paid-up policy for such reduced sum as can be allowed according to the rules will be automatically secured provided the reduces sum assured, exclusive of any attached bonus, is not less than Rs.250.

Minimum amount for which a policy will be issued under this plan is Rs.10000.

Annual Premiums payable until death for the assurance of Rs.1000 to be paid at death only.

Comes with two options: With Profits and without profits.

Age Limit: 15 to 60 years for 'With Profits' and 15 to 59 years for 'Without Profits'.


Age/Annual Premium Details:

WITHOUT PROFIT-

15/Rs.10.75 - 25/Rs.12.95 - 32/Rs. 16.00 - 38/ Rs.20.30 - 45/Rs.28.35 - 50/ Rs.36.60 - 55/Rs.48.05 - 59/Rs.60.25

WITH PROFIT-

15/Rs.17.95 - 25/Rs.22.90 - 32/Rs. 28.20 - 38/ Rs.34.45 - 45/Rs.44.60 - 50/ Rs.53.95 - 55/Rs.66.35 - 60/Rs.82.85

 

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