Product Training - Aajeevan Sampatti
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Transcript of Product Training - Aajeevan Sampatti
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Product Training - Aajeevan Sampatti
A plan which guarantees annual
income to life insured and family
A plan with limited premium
payment term
A traditional participating plan
A plan which is tax efficient
A plan which is suitable for
all ages and life stages
What is Aajeevan Sampatti
How does this Product work…?
Premium Payment term of 15 years
6th year 10th year 15th year
Cash bonuses start from 6th year onwards and
continue till LI reaches age 99
Guaranteed Payouts equal to 5.5% of Sum Assured
start from 10th year onwards and are paid every year till LI reaches age 99 years
100% of Sum Assured Paid at maturity
On reaching age 100Guaranteed Payout = 5.5% of Sum Assured
What happens in case of death…?
Premium Payment term of 15 years
6th year 10th year 15th year
Cash bonuses start 6th year
onwards
Guaranteed Payouts equal to 5.5% of Sum Assured
start from 10th year onwards and are paid
every year till LI reaches age 99
100% of Sum Assured Payable at death
Death of the
LI
Guaranteed Payout = 5.5% of Sum Assured
Option to enhance your protection
Premium Waiver Rider*: - For PAYOR ONLY. PAYOR and Life Insured are different people.
* Subject to existing Underwriting guidelines
Enhance your Protection with any of our riders
What are the Boundary Conditions..?
Parameters Boundary Conditions
Minimum Age at entry 91 days (0 years)
Maximum Age at entry 60 years for Annual mode55 years for Semi-annual mode50 years for Monthly mode
Maximum Age at maturity 100 years
Premium Payment term options
15 years
Premium Payment modes Annual, Semi annual, Monthly*
Minimum sum Assured Rs 100,000
*Through Auto Pay only