Saral Jeevan Bima (859)

A Non-Linked, Non-Participating, Individual, Pure Risk Life Insurance plan

Pure Risk Premium Life Insurance Plan

It offers a financial protective shield against an untimely death of the life assured during the Policy Term.

Limited Premium term available

You can pay premiums only for a limited number of years within the policy term.

Advantages

Tension Free Claim Settlement

Death Benefit during Waiting period

Eligibility Criteria:

Sum Assured on Death

• For Regular and Limited Premium Payment…..Highest of

            10 times Annualised premium or

            105 % of all premiums Paid as on date of death or

            100% of Basic Sum Assured

• For Single Premium Payment…..Highest of

            125% of Single Premium or

            100% of Basic Sum Assured


Death Benefit :

• Waiting Period : 45 days from Date of Commencement of Policy

• Death Benefit (Anytime during Waiting Period)

             Natural Death : Refund of Premiums

             Accidental Death : Sum Assured on Death will be payable

• Death Benefit (Anytime after Waiting Period)

             Sum Assured on Death will be Payable


Maturity Benefit :

On Survival till end of policy term, No Maturity Benefit will be Payable.