Silent FEATURES of JEEVAN TARUN Childrens plan

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Silent FEATURES of JEEVAN TARUN (T. No.  834) Childrens plan
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�� This is purely CONVENTIONAL PLAN having a lot of FLEXIBILITY.

�� This is MONEY BACK plan.

�� SURVIVAL BENEFITS will START at the age of 20 yrs of child EVERY YEAR upto 25 yrs of age.

�� MATURITY AGE is 25 yrs of age of child.

��SURVIVAL BENEFITS��

�� There are 4 OPTIONS to take Survival Benefits and Proposer has to CHOOSE it at proposal stage ONLY means the TIME of taking the policy.

��OPTION 1 : No Survival Benefits. 100 % of SA + Bonus + FAB at MATURITY ( age 25 yrs ) MEANS like
ENDOMENT PLAN

�� OPTION 2 : 5% of SA as Survival Benefits from 20 to 24 yrs of age AND remaining amount 75% of SA + Bonus + FAB at MATURITY(age 25 yrs)
�� OPTION 3 : 10% of SA as Survival Benefits from 20 to 24 yrs of age AND remaining amount 50% of SA + Bonus + FAB at MATURITY( age 25 yrs)
�� OPTION 4 : 15% of SA as Survival Benefits from 20 to 24 yrs of age AND remaining amount 25% of SA + Bonus + FAB at MATURITY(age 25 yrs)

�� MINIMUM AGE��

�� 90 DAYS upto 12 yrs of age of child.

�� Policy Term & Premium paying Term both are ��DIFFERENT��

�� POLICY TERM : 25 yrs MINUS(-) Age of Child

�� PREMIUM PAYING TERM : 20 yrs MINUS(-) Age of Child

�� You have to pay premium upto 20 yrs of age of child.

��MINIMUM Sum Assured��

��Rs 75,000 and after that in the multiple of Rs 5,000 upto Rs 100,000
BUT
After Rs 1,00,000 in the multiple of Rs 10,000.

��DEATH BENEFITS��

��Risk will START after 2 yrs from the DOC or after attaining the age of 8 yrs whichever is

��EARLIER��

��Before START of RISK

=> Refund of all premiums excluding extras

��After START of RISK

=> 1.25*SA + BONUS + FINAL (if any)

�� So, SUC will be counted as =>1.25 *SA

�� PWB is available as usual.
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