PrimeLife Insurance Company has introduced an innovative new product as “Prime Jeevan Upahar Plan”, money back cum endowment plan with riders benefit as optional. The product is developed to cover high net worth people who are out of the ring of life insurance.
The product offered immense return at the time of Maturity as well as covers high death benefit during policy period. The attractiveness of this product is a policyholder gets an equal sum endowment policy at the first policy anniversary data of master policy without any cost, as “Upahar” .
| Original Poliy: |
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| Minimum Entry Age |
16 |
Years |
| Maximum Entry Age |
54 |
Years |
| Minumum/Maximum Policy Term |
16 |
Years |
| Maximum Maturity Age |
70 |
Years |
| Minimum Sum Assured |
500,000 |
NPR |
| Maximum Sum Assured |
- |
|
| Compulsory Endowment Poliy: |
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| Minimum Entry Age |
17 |
Years |
| Maximum Entry Age |
55 |
Years |
| Minimum/Maximum Policy Term |
15 |
Years |
| Maximum Maturity Age |
70 |
Years |
| Minimum/Maximum Sum Assured |
As per Original policy Sum Assure |
| Applicable Riders and Maximum Limit |
|
| ADB |
5,000,000 |
Up to age 70 Years |
| ADB & TPDWP |
5,000,000 |
Up to age 70 Years |
| CI |
25,00,000 |
Up to age 65 Years |
| PAB |
50,00,000 |
Up to age 65 Years |