Brochure

844 Aadhar Shila_English

It is exclusively design for female lives and aadhaar card is compulsory to take this plan.


844 Aadhar Shila_Hindi

It is exclusively design for female lives and aadhaar card is compulsory to take this plan.


It is non-linked, with profit, regular premium endowment plan exclusively designed for female lives having Aadhaar Card issued by UIDAI.


Limited Premium Conventional Plan

It is endowment plan with guaranteed amount – Lump sum amount received on maturity and be reinvested to buy pension or can be used to take care of any financial need.


More Sum Assured than Premium Paid

More Protection at less premium. Policy Sum Assured is more as compared to total premium paid during the premium payment term.


Additional Accident Benefit

By paying small extra premium amount, you can secure your life for high insurance protection on natural or accidental death by opting DAB and Term Rider.


ADVANTAGES


Avail Tax benefit on premium paid

Tax Free Maturity Amount

Tension Free Claim Settlement

Conditions :                                                                                                                                                           

 MinimumMaximum
Entry Age -8 years (completed)55 years (Nearest Birthday)
Term -10 years20 years
PPT -Equal to Term 
Maturity Age -18 years70 years (Nearest Birthday)
Sum Assured -₹ 75,000/-₹ 3,00,000/-
Mode of Payment -Yearly, Half Yearly, Quarterly, Monthly (through NACH or through Salary Deductions)Yearly, Half Yearly, Quarterly, Monthly (through NACH or through Salary Deductions)

The Basic Sum Assured shall be in multiples of ₹ 5,000/- from Basic Sum Assured ₹ 75,000/- to ₹ 1,50,000/- and ₹ 10,000/- for Basic Sum Assured above ₹ 1,50,000/-

DAB Conditions -

            Minimum Sum Assured - ₹ 20,000
            Maximum Sum Assured - ₹ 1,00,00,000/- not exceed to the Basic Sum Assured
            Minimum Entry Age -    18 years (Completed)
            Maximum Entry Age - The cover can be opted for at any time within policy term of the Base Policy provided,
            the outstanding policy term of the Base Policy is at least five years.
            Sum Assured shall be available in multiples of ₹ 5,000/-

Benefit -

Death Benefit -

On death during first five years - Sum Assured on Death shall be payable.

On death after completion of five policy years - Sum Assured on Death and Loyalty Addition, if any, shall be payable. Where Sum Assured on Death is defined as the higher of 10 times of annualised premium OR Absolute amount assured to be paid on death, i.e. 110 % Basic Sum Assured. The death benefit shall not be less than 105% of all the premiums paid as on date of death.

Accidental Death Benefit - DAB Sum along with the above Death proceedings
            
Maturity Benefit -

On survival to the end of the policy term, Basic Sum Assured along with Loyalty Addition, if any, shall be payable. Where "Sum Assured on Maturity" is equal to

Auto Cover Period:

If at least three full years' but less than five full years' premiums have been paid in respect of a policy and any subsequent premium is not duly paid: Auto Cover Period of six months from the due date of first unpaid premium (FUP) shall be available.

If at least five full years' premiums have been paid in respect of a policy and any subsequent premium is not duly paid: Auto Cover Period of two years from the due date of first unpaid premium (FUP) shall be available.