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Limited - payment life policy without profit

Best form of life insurance for family provision since it enables the Life Assured to pay all the premiums during the ordinarily vigorous and most productive years of life.

Premiums are payable for a selected period of years or until death if it occurs within this period, The Life Assured thus having the satisfaction of knowing the maximum amount he will be required to pay, no matter how long he lives.

If payment of the premium ceases after at least three years' premiums have been paid, but before completion of the premium paying period, a free paid-up policy for an amount bearing the same proportion to the Sum Assured as the number of premiums actually paid bears to the number stipulated for in the policy, will be automatically secured provided the Reduced Sum Assured, exclusive of any attach 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 for a specified term 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.

Term of the Policy: 5 to 55 years.


Age/Annual Premium Details:

-Term of Years: 5

15/Rs.32.30 - 25/Rs.37.90 - 30/Rs.42.85 - 35/ Rs.49.70 - 40/Rs.59.05 - 45/Rs.71.10 - 50/ Rs.85.95 - 55/Rs.103.75 - 60/Rs.124.70

-Term of Years: 10

15/Rs.19.70 - 25/Rs.23.10 - 30/Rs.26.15 - 35/ Rs.30.40 - 40/Rs.36.30 - 45/Rs.44.05 - 50/ Rs.53.95 - 55/Rs.66.40 - 60/Rs.82.15

-Term of Years: 15

15/Rs.15.55 - 25/Rs.18.25 - 30/Rs.20.70 - 35/ Rs.24.15 - 40/Rs.29.00 - 45/Rs.35.50 - 50/ Rs.44.10 - 55/Rs.55.35

-Term of Years: 20

15/Rs.13.50 - 25/Rs.15.85 - 30/Rs.18.00 - 35/ Rs.21.10 - 40/Rs.25.45 - 45/Rs.31.45 - 50/ Rs.39.60

-Term of Years: 25

15/Rs.12.35 - 25/Rs.14.55 - 30/Rs.16.60 - 35/ Rs.19.50 - 40/Rs.23.70 - 45/Rs.29.6

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