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Jeevan Mitra(Triple Cover Endowment
Plan)
Features
The benefits of this policy can be considered only for standard
and substandard lives Class I and II. It cannot be allowed for people
engaged in hazardous occupations. Individuals engaged in dangerous
pursuits will be rated against the revised tabular occupational
extra rates.
Suitable For:
Being an endowment assurance policy, 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. The
amount assured if not paid by reason of his death earlier will payable
at the end of the endowment term where it can be invested in an
annuity provision for the rest of the policyholder's life or in
any other way he may think most suitable at that time.
Special Features:
This policy covers the risk for triple the sum assured. Besides
the usual benefits offered by any endowment insurance plan, this
policy provides for an additional insurance cover two times the
sum assured in the event of a policy holder’s death during the term
of the policy. In other words, the death claim in the case of this
policy is thrice the basic sum assured. For instance, if a person
insured for Rs.1,000 under this policy were to die before its maturity,
the death claim payable would be Rs.3,000 plus the accrued bonus
on Rs.1,000, the basic sum assured. If the policy holder survives
the full term of the policy, the payment on maturity would be Rs.1,000
plus the accumulated bonus.
Source - Life Insurance India, Licindia.
If life insurance buying is
approached in the proper manner it can be very beneficial to yourself
and your family. You need to take the time to give some thought
to a subject that can be very unpleasant. I guess that is why most
people don't think about it, or at best think about it only after
they have had a brush with death, or when a life insurance professional
brings up the subject. Sometimes these people wait until it is too
late to do something about such a critical matter.
They find themselves uninsurable when they discover they have some
critical illness. People should give life insurance buying serious
thought at least once per year as ones situation may change and
you find that your need for life insurance may change as a result.
Contact Us
1) If you want to Buy New Insurance Policies than call 9820934872 (Mumbai)
2) If you need a detailed quotation from us as to how much insurance
you should really go for. Click
here
3) If you have a previous life insurance policy and want servicing
for the same. Click here
4) Contact us on email: uniglobalindia@gmail.com
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