IME Bal Ujjwal
*Maximum Sum Assured will be limited the following regulations:
Upon payment of all premiums and survival to maturity a lump-sum benefit equal to Basic Sum Assured and Vested Bonus will be paid.
In case of death of the Life Assured (Child) after the risk has been covered, 25% of the Basic Sum Assured will be paid immediately and remaining 75% of Basic SA and bonus earned till death will be paid in a lump sum at maturity of insurance policy.
If the Life Assured (Child) dies before risk commencement date, all the premium received for the basic insurance policy will be refunded.
On death or Total Permanent Disability of Proposer due to accident or sickness while the policy is active, following benefit will be provided:
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