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Insurance Plans |
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Unique Features |
The Plan |
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Unique Features |
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You get insurance cover
throughout the term of the plan at a reasonable cost.
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On maturity, the total
premiums paid over the term, will be paid back to you.
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You have the option to
choose from two versions of our plan -100% Premium Back
(PB) or 125% Premium Back (PB)*.
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In the event of death, the
coverage face amount along with the premiums paid till
date will be paid back to your nominee.
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Benefits |
100%PB |
125%PB |
| Death |
Coverage Face Amount
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100% PB (Paid till date) |
Coverage Face Amount
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100% (PB) (Paid till date) |
| Maturity |
100%PB |
125%PB |
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| Disclaimer |
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As per budget announcements
- February 05 of the finance ministry, there are
amendments to Section 80 CCC, Section 80 L and Section
88; The amendments will come into effect when the
finance bill is approved by parliament. Kindly make note
of the same.
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Section 41 of Insurance Act :
No person shall allow or offer to allow, either directly
or indirectly, as an inducement to any person to take or
renew or continue an insurance in respect of any kind of
risk relating to lives or property in India, any rebate or
the whole or part of the commission payable or any rebate
of the premium shown on the policy, nor shall any person
taking out or renewing or continuing a policy accept any
rebate, except such rebates as may be allowed in
accordance with the published prospectuses or tables of
the insurer. |
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