Plan :New Endowment (914)


Plan :New Endowment (914)


Plan :New Endowment (914)



Plan :New Endowment (914)

Product Summary :New Endowment Plan (914) is a regular premium, non-linked, with profits 

Endowment Plan.
Premium Payment Mode:Yearly, Halfly, Quarterly, Monthly(ECS)


Term :12 to 35 years


Minimum Entry Age :8 Year Completed


Maximum Entry Age :55 Year (Nearest Birthday)


Maximum Maturity Age :75 Year


Minimum Sum Assured :1,00,000


Maximum Sum Assured :NO LIMIT (Depending upon Income)

Maximum Accidental Death and Disability Benefit Rider up to age 70.

Policy Benefits :On Death :Sum Assured + Vested Bonus + FAB if any.,OR
7 times of Annualized Premium, OR
105%of all Premiums paid as on death,
WHICHEVER IS HIGHER.


On Survival :On survival Basic Sum Assured + Vested Bonus + FAB if any.


Surrendered Value :The Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.


Loan :Loan Facility is available under this plan, after payment of premiums for at least 2 full years.


Income Tax Benefit :• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).


Proposal Form : 300/340/360 shall be used under this plan.

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