Page 20 - Life Insurance Today OCTOBER 2017
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Death and Disability Benefit Rider(UIN: 512B209V01). For those aged 8 years or more, risk will commence
immediately.
The premium for this rider shall not exceed 30% of
premium under base plan and the rider sum assured shall Date of vesting under the plan: The policy shall
not exceed the Basic Sum Assured. automatically vest in the Life Assured on the policy
anniversary coinciding with or immediately following the
For more details on the above rider, refer to the rider completion of 18 years of age and shall on such vesting
brochure or contact LIC's nearest Branch Office. be deemed to be a contract between the Corporation
and the Life Assured.
3. Eligibility conditions and other
4. Sample Premium Rates:
restrictions:
The specimen tabular single premium rates for some of
a) Minimum Age at entry : 6 years (completed)
the ages per Rs.1000/- Basic Sum Assured are as under:
b) Maximum Age at entry : 47 years (nearest
Age at entry(Nearest Tabular Single Premium
birthday)
Birthday) Rate(Rs.)
c) Minimum Basic Sum Assured : 75,000/- 10 528.60
d) Maximum Basic Sum Assured : No Limit 20 544.95
(Basic Sum Assured shall be in multiples of: 30 561.35
Rs. 5,000 - if Basic Sum Assured is below Rs. 3,00,000 40 657.90
Rs. 20,000 - if Basic Sum Assured is Rs. 3,00,000 and 5. Rebate for High Basic Sum Assured:
above)
Basic Sum Assured Reduction in tabular
e) Policy Term 12 years
single premium per Rs.
f) Premium payment mode : Single premium only 1000/- Basic Sum
Assured
Date of commencement of risk: In case the age at Rs. 75000 to Rs. 1,45,000 Nil
entry of the Life assured is less than 8 years, the risk Rs. 1,50,000 to Rs. 2,95,000 Rs. 15
under this plan will commence from one day before the
Rs. 3,00,000 to Rs. 4,80,000 Rs. 20
policy anniversary coinciding with or immediately following
Rs. 5,00,000 and above Rs. 25
the completion of 8 years of age.
Special REINSURANCE ACCOUNTS
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Offer!
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booked upto 31st October, 2017
Please send a DD in favour of Sashi Publications Private Limited
or make online payment at our website www.sashipublications.com
Please use Coupon code BOOKSOFFER for getting Rs.100 discount on
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Price : Rs. 610
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20 October 2017 Life Insurance Today
Sashi Publications Pvt Ltd Call 8443808873/ 8232083010