• 8459999458
  • aniketlic@gmail.com
  • A Non-Linked, Non-Participating, Individual, Pure Risk Life Insurance plan

    Pure Risk Premium Life Insurance Plan

    • It offers 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:

     

    Minimum

    Maximum

    Age of Entry

    18 years

    65 years

    Basic Sum Assured

     5 Lakhs

    25 Lakhs

    Policy Term

     5 years

    40 years

    Premium Paying Term (Regular)

     Same as Policy term

    Premium Paying Term (Limited)

     5 years and 10 years

    Premium Paying Term (SIngle)

     Lumpsum

    Premium Paying Mode

     Single, Yearly, Half Yearly, Monthly



    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.