NRIs Bullion PO Schemes Personal Loans Bhavishya Jeevan Salient features A special Endowment Assurance policy with the facility to pay higher premiums initially and smaller amounts in later years. Ideally suited to professionals with a limited span of high income example, film artists, pilots etc. Higher premiums can be paid in the first five years of the policy, while smaller amounts can be paid in the later years till date of maturity. The premium during the first five years will be three times the premium payable thereafter.
Premiums cease at death or on expiry of term whichever is earlier.
Bonus for the full term is payable on the date of maturity or in the event of death, whichever is earlier. Benefits Sum assured is payable either on survival to the term or on death happening within the term.