Jeevan Rekha
Features
In order to give wider choice to our customers, it has been decided to introduce with effect from 22nd July , 2002, ‘Jeevan Rekha’. Basically, the plan is a combination of the Whole Life Plan and the Money Back Plan. Moderate Premiums High bonus High liquidity Savings oriented This policy not only makes provisions for the family of the Life Assured in event of his early death but also assures a lump sum at a desired age. The lump sum can be reinvested to provide an annuity during the remainder of his life or in any other way considered suitable at that time.
Dating Back:
A policy under this plan can be dated back within the same financial year. There will be no allowance for lean months. The rate of interest applicable will be as for Table 14.
Suitable For:
Being an whole life policy + money back , this plan is apt for people of of all ages and social groups who wish to protect their families from a financial setback that may occur owing to their demise.