New Jeevan Nidhi



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  • Death during first five policy years:
    Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee/ legal heir at the then prevailing immediate annuity rates.
  • Death after first five policy years:
    Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition, Vested Simple Reversionary Bonuses and Final Additional Bonus, if any,shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee/legal heir at the then prevailing immediate annuity rates.
  • Benefit on vesting:
    Provided the policy is in full force, on vesting, an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, Vested Simple Reversionary Bonuses And final Additional Bonus,if any shall be made available to the Life Assured.


 
Eligibility Criteria
  Min. Max.
Age 20 60 for Single Premium
58 for Regular Premium
Term 5 - Single Premium
7 – Regular Premium
35
Sum Rs. 150000 for single Premium
Rs. 100000 for Regular Premium
No limit
Premium Modes Yearly, Half Yearly, Quarterly, Monthly
Yearly Premium For 1000000 Sum Assured
Age 30 Years 32 Years 35 Years
25 30095 27743 24901
27 30291 28037 25195
30 30781 28576 25832