SuryaJyoti Naulo Baal Jeevan Beema

Plan Features: Criteria

Basic Benefits:

• On survival of child till policy maturity, Sum Assured plus bonus will be paid to the Insured (Child).
• In case of child’s death during the policy term: 25% of Sum Assured plus Bonus or Total Paid Premium (whichever is higher) will be payable and the policy will be terminated.
• In Case of Death of Proposer, Monthly Income equal to 1% of Sum Assured will be payable to child starting from the day of the month coinciding with the day of the date of commencement of policy, immediately following the date of death of proposer till the policy maturity date or date of death of child (whichever is earlier). Additionally, Future payable premium will be waived
• In case of child’s death and proposer’s death happened simultaneously during the policy term: 25% of Sum Assured plus Bonus or Total Paid Premium (whichever is higher) will be payable as child death benefit and 100% of Sum Assured will be payable as proposer’s death benefit.
• In case of child’s death after proposer’s death during the policy term: 25% of Sum Assured plus Bonus or Total Paid Premium (whichever is higher) will be payable and the policy will be terminated.

Optional Benefits:

With the payment of extra premium, the following additional benefits can be added in this policy for insurance coverage of proposer (Child’s Father or Mother) of age 18 to 55 years:

• Accidental Death Benefit Rider:
  
• 18 or 35 Diseases Critical Illness Rider :
  
• Term Plan
  SuryaJyoti Surakchya Kawach Myadi Jeevan Beema.
• Total and Permanet Disability (TPD)
• Premium Waiver Incase of Total and Permanent Disability (PWB)

Benefits and Coverages under this plan shall be based on the Terms and Conditions mentioned in the policy & rider documents and also shall be governed by the regulatory directives.