JEEVAN MITRA

Highlights
Ideal for people with occupational risks
Provides double cover security to the family
Three times sum assured paid in the event of accidental death

Eligiblity
Minimum age at entry - 18 years ( completed )
Maximum age at entry - 50 years
Maximum age at maturity - 70 years
Minimum Term : 15 years
Maximum term : 30 years
Minimum sum assured - INR 50,000/-

Benefits

Housing Loan
Available ( subject to condition )

Policy Loan
Anytime and any number of times after 3 years of commencement of policy at a very low interest rate

Permanent Disability
Benefit available

Maturity benefit
Payment of full sum assured + accrued bonus + final additional bonus

Death before maturity
Natural : Payment of double the sum assured + accrued bonus
Accidental : Payment of triple the sum assured + accrued bonus

Income Tax rebate
Under section 88 on premium paid

100 % income tax free
Permanent disability, maturity & death claims