Bumper Shreevriddhi Jeevan Beema
Endowment
About this plan
A traditional endowment life product from Prabhu Mahalaxmi Insurance providing death benefit and maturity benefit at policy term end. Participating plan with potential bonuses/dividends.
What's included
Key highlights
- Participating (bonus-bearing) traditional life plan
- 5% increase in sum assured annually
- Policy loan facility available
Features
- Death benefit (sum assured)
- Maturity benefit sum assured with potential bonuses
- Multiple premium payment frequencies
- Loan facility against policy surrender value
- Possible tax benefits (subject to local law)
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 10-20 years
Declared bonus
Term-wise Breakdown
FY 2081/82
| Tenure (Years) | Rate (per '000) |
|---|---|
| 0-9 | Rs. 33 |
| 10-14 | Rs. 33 |
| 15-19 | Rs. 40 |
| 20-24 | Rs. 51 |
| 25 and above | Rs. 70 |
Reversionary bonus rates declared for the latest fiscal year based on policy term. Rates are revised annually and are not guaranteed for future years.
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
No optional riders are attached to this plan.
Still have a question?
Send it to an advisor and read the reply in your dashboard.
Other plans from Prabhu Mahalaxmi Life Insurance
Premium
Quote on request