MONEY BACK PLANS
MONEY BACK PLANS
THE MONEY BACK-20 YEARS-75
Min.Age =13
Max.Age =50
Term =20 yrs
Min.Sum Assured = 50000
Max.Sum Assured = Any Amount
Premium Paying Mode : Single/Year/H.year/Qtr
SUITABILITY:
Businessmen & Professional As Money Available At regular intervals.
PRODUCT:
20% of Sum Assured Is Paid Once in Every 5 Years.
SURVIVAL BENEFIT:
End Of 5th ,10th & 15th Year Policyholder Get = 20% Of Sum Assured
MATURITY BENEFIT:
On Maturity Will Get = 40% Sum Assured + Bonus
DEATH BENEFIT:
Nominee Will Get = Sum Assured + Bonus
EXAMPLE:
AGE=30
TERM=20year
SUM ASSURED= 1 LAC
Premium Paying Term = 20 Years Only
Premium = Rs 6480 / Year
SURVIVAL BENEFIT:
End Of 5th ,10th & 15th Year Policyholder Get = Rs 20000
MATURITY BENEFIT:
On Maturity Will Get = Rs 130000
Reinvestnent:
If The Survival Benefit Reinvested @ 9% Interest For Remaining Term
End of Year
Survival Benefit
If Reinvested@9%
5th Year
20000
73000
10th Year
20000
47000
15th Year
20000
31000
20th Year
40000+90000
130000
Total
281000
DEATH BENEFIT:
If Death Rises 11th Year
Nominee Will Get = Rs 140000
(also already survival benefit paid to policyholder,end of 5th&10th Year each Rs 20000)
NEW MONEY BACK-25 YEARS-93
Min.Age =13
Max.Age =45
Term= 25 Years
Min.Sum Assured = 50000
Max.Sum Assured = Any Amount
Premium Paying Mode : Single/Year/H.year/Qtr
SUITABILITY:
Businessmen & Professional As Money Available At regular intervals.
PRODUCT:
15% of Sum Assured Is Paid Once in Every 5 Years.
SURVIVAL BENEFIT:
End Of 5th ,10th ,15th & 20th Year Policyholder Get = 15% Of Sum Assured
MATURITY BENEFIT:
On Maturity Will Get = 40% Sum Assured + Bonus
DEATH BENEFIT:
Nominee Will Get = Sum Assured + Bonus
EXAMPLE:
AGE=30
TERM=25year
SUM ASSURED= 1 LAC
Premium Paying Term = 25 Years Only
Premium = Rs 5374 / Year
SURVIVAL BENEFIT:
End Of 5th ,10th & 15th Year Policyholder Get = Rs 15000
MATURITY BENEFIT:
On Maturity Will Get = Rs 160000
Reinvestnent:
If The Survival Benefit Reinvested @ 9% Interest For Remaining Term
End of Year
Survival Benefit
If Reinvested@9%
5th Year
15000
84000
10th Year
15000
55000
15th Year
15000
36000
20th Year
15000
23000
25th Year
40000+120000
160000
Total
358000
DEATH BENEFIT:
If Death Rises 12th Year
Nominee Will Get = Rs 150000
(also already survival benefit paid to policyholder,end of 5th&10th Year each Rs 15000)
MONEY BACK PLANS
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THE MONEY BACK-20 YEARS-75
SUITABILITY:
Businessmen & Professional As Money Available At regular intervals.
PRODUCT:
20% of Sum Assured Is Paid Once in Every 5 Years.
SURVIVAL BENEFIT:
End Of 5th ,10th & 15th Year Policyholder Get = 20% Of Sum Assured
MATURITY BENEFIT:
On Maturity Will Get = 40% Sum Assured + Bonus
DEATH BENEFIT:
Nominee Will Get = Sum Assured + Bonus
EXAMPLE:
Premium Paying Term = 20 Years Only
Premium = Rs 6480 / Year
SURVIVAL BENEFIT:
End Of 5th ,10th & 15th Year Policyholder Get = Rs 20000
MATURITY BENEFIT:
On Maturity Will Get = Rs 130000
Reinvestnent:
If The Survival Benefit Reinvested @ 9% Interest For Remaining Term
DEATH BENEFIT:
If Death Rises 11th Year
Nominee Will Get = Rs 140000
(also already survival benefit paid to policyholder,end of 5th&10th Year each Rs 20000)
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NEW MONEY BACK-25 YEARS-93
SUITABILITY:
Businessmen & Professional As Money Available At regular intervals.
PRODUCT:
15% of Sum Assured Is Paid Once in Every 5 Years.
SURVIVAL BENEFIT:
End Of 5th ,10th ,15th & 20th Year Policyholder Get = 15% Of Sum Assured
MATURITY BENEFIT:
On Maturity Will Get = 40% Sum Assured + Bonus
DEATH BENEFIT:
Nominee Will Get = Sum Assured + Bonus
EXAMPLE:
Premium Paying Term = 25 Years Only
Premium = Rs 5374 / Year
SURVIVAL BENEFIT:
End Of 5th ,10th & 15th Year Policyholder Get = Rs 15000
MATURITY BENEFIT:
On Maturity Will Get = Rs 160000
Reinvestnent:
If The Survival Benefit Reinvested @ 9% Interest For Remaining Term
DEATH BENEFIT:
If Death Rises 12th Year
Nominee Will Get = Rs 150000
(also already survival benefit paid to policyholder,end of 5th&10th Year each Rs 15000)
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