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Single Premium Endowment Plan (917) is a single premium, non-linked, with profits Endowment Plan.
Single Premium
10 to 25 Years
90 days Completed
65 Year (Nearest Birthday)
75 Year
Rs. 50,000
NO LIMIT (Depending upon Income)
On Death after commencement of risk: Sum Assured + Vested Bonus + FAB if any
On Death before commencement of risk: Return of Single Premium excluding taxes and Extra Premium.
On survival Sum Assured + Vested Bonus + FAB if any.
The Policy can be surrendered at any time during the policy term subject to realization of the premium cheque.
Loan Facility is available under this plan, after completion of one policy year.
• u/s 80C up to 10% of SA.