IME Life

IME Money Back Cum Whole Life Plan (IME Kalpandhan)

Key Features

 
Policy Term  Benefit as percentage of Sum Assured on Survival to (years from Date of commencement)
                     10 years 3rd year 6th year 10th year -
  30% 20% 50% + Bonus -
12 years 3rd year 6th year 9th year 12th year
20% 20% 20% 40% + Bonus
15 years 4th year 8th year 12th year 15th year
20% 20% 20% 40% + Bonus
                     20 years 5th year 10th year 15th year 20th year
  20% 20% 20% 40% + Bonus
25 years 6th year 12th year 18th year 25th year
20% 20% 20% 40% + Bonus
 
 
         
         

Key Features

·         Entry Age: 16 Years

·         Max. Entry Age: 60, 58, 55, 50, 45 years (for money back term of 10, 12, 15, 20 and 25 years)

·         Policy Term: 10,12,15,20 and 25 Years

·         Minimum Maturity Age: 26 years

·         Maximum Maturity Age: 70 years

·         Minimum Sum Assured: 50,000/-

·         Maximum Sum Assured: According to the income source of life to be Assured

·         Premium payment frequency: Single, Yearly, Half Yearly, Quarterly


Policy Requirements


Benefits
  • Survival Benefit in installments
  • Whole life Maturity at age of 99 years : Sum Assured
  • 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
  • Accidental Death benefits: Available up to maximum 50 lakh.
  • PTD/ PWB Benefits: Waiver of Premium/ Monthly income benefit if total permanent disability occurs due to accident.
  • Surrender value and policy loan is allowed.

Riders

First Policy Issue Date: 2018-06-03