For 5 years premium pay term (
age at entry equal to 45 years & above), multiple of Annualised Premium is 7.
Not exact matches
The term of Aviva Young Scholar Advantage Plan is
equal to 21 years minus the
age of the child
at the time of
entry into the plan.
For 10/15/20 years premium pay term (
age at entry less than 45 years or
equal to 45 years & above), multiple of Annualised Premium is 10.
Single Pay - 125 % Of Single Premium Regular / Limited Pay -
Age At Entry Less Than Or
Equal To 55 Years - 10 Times The Annualized Premium
Age At Entry Greater Than 55 Years - 7 Times The Annualized Premium
Where multiple is 11 times when
age at entry is less than or
equal to 50 years and it is 7 times when
age at entry is 51 years & above.
If
age of the life insured
at entry is
equal to or more than 45 years, sum assured on death which is higher of 110 % of single premium or guaranteed amount on maturity or sum assured is payable.