Chamatkarik Herchah Insurance
Other
About this plan
This is Endowment Assurance Plan that combines both the risk coverage and saving element at reasonable premium. Upon payment of premiums during the policy term, a lump sum amount of sum assured and vested bonus is paid on maturity or death of the insured.
What's included
Key highlights
- Maturity + Death Benefit
- Discount on Premium
- Raiders available
Features
- Maturity Benefit: Full sum assured and accrued bonus is payable on maturity
- Death Benefit: -In case of death during the policy term, 100% sum assured will be paid to the beneficiary immediately.
- Regular monthly income benefit of 2.5% available quarterly upon death
- Loan/Paid up value and surrender value available
- Optional raiders included
- Discount on premium available
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 5-25 Years
Declared bonus
Term-wise Breakdown
FY 2081/82
| Tenure (Years) | Rate (per '000) |
|---|---|
| 5-15 | Rs. 50 |
| 15 and above | Rs. 51 |
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.
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