IME Life

IME Limited Payment Money Back Plan (Dhanbriksha Jeewan Beema Yojana)

Key Features

Key Features
This Policy allows to make provision for recurring expenses. Under this policy, a survival to maturity benefit is paid in installments in every 10th, 15th, 20th and 25th year depending on the term of the policy. The portion of each installment shall be paid on 8, 12, 16, and 20 years respectively of the sum assured depending on the term of the policy.
This Policy allows to make provision for recurring expenses. Under this policy, a survival to maturity benefit is paid in installments in every 10th, 15th, 20th and 25th year depending on the term of the policy. The portion of each installment shall be paid on 8, 12, 16, and 20 years respectively of the sum assured depending on the term of the policy.
This Policy allows to make provision for recurring expenses. Under this policy, a survival to maturity benefit is paid in installments in every 10th, 15th, 20th and 25th year depending on the term of the policy. The portion of each installment shall be paid on 8, 12, 16, and 20 years respectively of the sum assured depending on the term of the policy.
 

Policy Requirements

Discounts
Based on the Sum Assured amount
Rs. 1 per Thousand for the amount above Rs. 2,10,000.00 upto 5,00,000.00
Rs. 2 per Thousand for the amount Rs. 5,10,000.00 and above.
Based on the Mode of Payment- 
Special Discount for Single Payment.
For Yearly Payment: 2%
For Half Yearly Payment: 1% but No Discounts given for Quarterly Payment Mode.

Policy 
Term
Payment 
Modes
  Money Back  Plan  
25%   25%  50% +Bonus  
10 Years Single/8 yrs. In 3 Years In 6 Years In 8 Years  
15 Years Single/12 yrs. 25% in 4 yrs 25% in 8 yrs 50% +Bonus in 12 yrs.  
20 Years Single/16 yrs. 20% in 4 yrs. 20% in 8 yrs. 20% in 12 yrs 40% + Bonus in 20 yrs
25 Years Single/20 yrs. 20% in 5 yrs. 20% in 10 yrs. 20% in 15 yrs 40% + Bonus in 20 yrs

Benefits

  • Money Back Benefit in installments
  • Remaining Sum assured plus bonus in case of the maturity
  • Sum assured plus bonus will be paid to nominated person in case of death of the assured.
  • Tax benefits

Riders

Additional Benefits
  • Premium Waiver Benefit
  • Monthly Education Benefit