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

This plan is ideal for people who desire to have periodic payouts to meet the financial need at different stages of life in addition to an insurance cover. This policy allows us 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.

Key Features

Minimum Sum Assured: Rs.50,000/-
Maximum Sum Assured: No Limit (As per Underwriting)
Minimum Entry Age: 18 Years
Maximum Entry Age: 60, 55, 50, 45 Years [For Policy term of 10, 15, 20, 25 Years Respectively]
Policy Term: 10, 15, 20, 25 Years [For Premium Paying Term of 8, 12, 16, 20 Years Respectively]
Maximum Maturity Age: 70 Years
Premium Pay Mode: Single, Yearly, Half-Yearly, Quarterly

Benefits

• On Death of Policy holder during the term of Policy

• On Survival

Policy Term	Payment Modes	Benefit as a Percentage of Sum Assured on Survival to (Years from Date of Commencement)
10 Years	Single/8 Years	25% SA in 3rd Year	25% SA in 6th Year	50% SA + Bonus in 8th Year	Fully Paid-up Term Insurance for 2 Years from 9th to 10th Year.
15 Years	Single/12 Years	25% SA in 4th Year	25% SA in 8th year	50% SA + Bonus in 12th Year	Fully Paid-up Term Insurance for 3 Years from 13th to 15th Year.
20 Years	Single/16 Years	20% SA in 4th Year	20% SA in 8th Year	20% SA in 12th Year	40% SA + Bonus in 16th Year	Fully Paid-up Term Insurance for 4 Years from 17th to 20th Year.
25 Years	Single/20 Years	20% SA in 5th Year	20% SA in 10th Year	20% SA in 15th Year	40% SA + Bonus in 20th Year	Fully Paid-up Term Insurance for 5 Years from 21st to 25th Year.

• Loan Facility: After the policy acquires Surrender Value.

• Tax Benefits.

Additional Reider Benefits (Optional Riders)

Accidental Death Benefit: For additional premium, on the event of death of the life assured during the rider policy term due to accident before age 70 years, an additional sum equal to the Rider Sum Assured of this rider will be paid.
Income Benefit (IB): In the event of permanent total disability of life assured due to any cause (sickness or accident) during policy term, a regular Monthly Income Benefit of 1.0% or 1.5% or 2.0% or 3.0% of Rider Sum Assured (as mentioned in policy schedule of policy taken), OR, Quarterly Income Benefit (QIB) 3.0% or 4.5% or 6.0% or 9.0% of Rider Sum Assured (as mentioned in policy schedule of policy taken) will be paid on every monthly/quarterly date of anniversary of the rider from the date of disability of the life assured up to the end of the rider term (policy maturity).
Lump-Sum Benefit: In the event of permanent total disability of life assured due to any cause (sickness or accident) during policy term, a lump-sum amount equal to Rider Sum Assured will be payable.
Premium Waiver Benefit (PWB): On the event of permanent total disability of the life assured due to any cause (accident or sickness) during the policy term to which the rider is attached, all future premiums payable under the base policy equal to Sum Assured of this rider shall be waived.
Funeral Expenses: On the event of death of life assured during the policy term to which the rider is attached, lump sum amount equal to 25% of Sum assured or 200,000 whichever is less will be paid immediately.
Critical Illness Rider (CI): Upon, life assured, being diagnosed with onset of any of the listed 21 Critical Illness during the term of policy, a lump sum amount equivalent to the Sum Assured of the rider will be paid. Sum Assured of CI rider is maximum Rs. 5,000,000/- or Basic SA or as determined by Underwriting Guidelines.

*Terms and conditions apply.

The benefits and coverage provided under this plan are determined by the terms and conditions outlined in the policy and rider documents. In the event of any dispute arising under this policy, resolution will be in accordance with the provisions of the Insurance Act of 2079.

First Policy Issue Date: 2017-12-14