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Double endowment policy without profit

Annual Premiums for the Assurance of Rs.1000 to be paid at death within the period, or Rs.2000 to be paid on survival of the period.

This policy ensures the benefits of family provision in the event of early death, with the further great advantage of payment to the Life Assured himself on his surviving the term of years selected of double the amount of the original sum assured.

The scheme is of particular value to the person who by reason of some physical disability is not eligible for acceptance of the tabular rates under any of the other classes of assurance, since such person would generally be accepted at the tabular rates under this scheme.

Premiums which vary not according to the age at entry but only according to the term of the policy, are payable for the term of years selected at the outset or until previous death.

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

Endowment Period/Annual Premium Details:

40/Rs.17.35 - 36/Rs.20.70 - 30/Rs.28.55 - 25/ Rs.39.45 - 20/Rs.57.65 - 15/Rs.90.70 - 17/Rs.74.80 -

12/ Rs.123.05 - 10/Rs.158.50 

 

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