JEEVAN LAKSHYA

Table 845

Idea behind the policy: A fixed amount is paid to the policy holder or the survivor at the end of
the policy term. In case of untimely death of the policy holder yearly amounts are paid to the
nominee and at the end of the policy term the fixed amount is also paid.

Age: 25 years
PPT: 15 years
Insurance Cover: 500000
Returns

On maturity: INR XXX

On Death: yearly payment of almost 10% of the premium amount plus the fixed amount on the
policy term end date.

Other details

Revival: can be revived until 2 years from last paid premium

Lapsed policy: Policy can be surrendered/encashed anytime after two premium payments.
Return calculation varies from 30% in first year to up to 90% in last year (of premium paying
term).

Other Benefits

Tax: Tax rebate on premiums paid under . Tax return on maturity amount received under .
Loan: Loan can be availed after xxx years of premium paid.
Surrender: Policy can be surrendered after 3 premiums have been paid.