If
the entry age of the life insured is less than or equal to 45 years, the Sum Assured on Death is higher of the following:
Not exact matches
Entry Age: the age of the Life Insured at the commencement of the Poli
Age: the
age of the Life Insured at the commencement of the Poli
age of the
Life Insured at the commencement
of the Policy.
Entry Age - the age of the Life Insured at the commencement of the Poli
Age - the
age of the Life Insured at the commencement of the Poli
age of the
Life Insured at the commencement
of the Policy.
Entry Age: the age of the Life Insured at the commencement of the Policy should be between 18 to 65 years of a
Age: the
age of the Life Insured at the commencement of the Policy should be between 18 to 65 years of a
age of the
Life Insured at the commencement
of the Policy should be between 18 to 65 years
of ageage.
Entry Age: the age of the Life Insured at the commencement of the policy should be between 18 and 60 years of a
Age: the
age of the Life Insured at the commencement of the policy should be between 18 and 60 years of a
age of the
Life Insured at the commencement
of the policy should be between 18 and 60 years
of ageage.
The amount
of Guaranteed Loyalty Additions depends on Policy Term, Premium Paying Term, Annualized Premium,
Entry Age and Gender
of the
Life Insured.
For
Life Insured with
entry age of 5 years and above:
For
Life Insured with
entry age below 5 years: For minor
lives, where the
entry age is below 5 years, in case
of death during the 1 year and 11 months from the date
of commencement
of the policy, 105 %
of total premiums paid till date
of death.
For
life insured with the
entry age of 5 years and above, the death sum assured, irrespective
of survival benefit already paid, is either equal to or higher than
of 10 times
of annualized premium, or 105 %
of premiums paid till date
of death, or minimum guaranteed sum assured on maturity or absolute amount assured to be paid on death.
Date
of commencement
of risk: In case the
age at
entry of the
life insured is less than 8 years, the risk cover is available either one day before the completion
of 2 years from the date
of commencement
of policy or one day before the policy anniversary coinciding with or immediately following the completion
of 8 years
of age, whichever is earlier.
Guaranteed Accrual Additions (GAA) depends on policy term, premium paying term, annualized premium,
entry age and gender
of the
life insured.
In case,
age of the
life insured at
entry is less than 45 years, sum assured on death which is higher
of minimum sum assured or 10 times
of annualized premium is payable.
In case,
age of the
life insured at
entry is less than 45 years, sum assured on death which is higher
of 125 %
of single premium or guaranteed amount on maturity or sum assured is payable.
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.