Insurance-Day
Slider
Face Of Insurance

family pension assurance table 12

FAMILY PENSION assurance table 12 the installments at the end of 1/3rd and  2/3rd of the policy term are not withdrawn additional deferred term insurance automatically commences (without any declaration of good health or medical) the event of death of the assured at or after the end of 1/3rd policy term , policy term in addition to the basic sum assured plus bonuses (if any)are all of the following benefits become payable.

1-an amount equal to 25% of the sum assured .                                                   2-basice income benefit for a guaranteed period of 10 years.                           3-supplementary income benefits depending upon the number of children surviving at the death of the assured.

4-A lump sum payment on termination of all income benefits.

if the assured dies at or after the end of 2/3rd of the policy term the death benefits described ,                                                                                                       FAMILY PENSION assurance

  MATURITY BENEFITS.

on the survival of the life assured tell maturity the sum assured( plus bonuses if in)will be payable after deducting any amount withdrawn at the end of 1/3rd or 2/3rd of the policy term.

Loan:

state life may grant a loan to the policyholder on his/her written request, against the net surrender value of the policy. the amount of loan shall not exceed 80% of the said net surrender value. the rate of profit or return and the other terms and conditions will be determined by state life at the time of granting the loan.loans of less then RS will not be given.
the amount of loan together with accrued profit or return will be the first charge on the policy, prior to all other claims.

SURRENDER VALUE;
The policy will acquire a surrender value after it has been in force for at least two consecutive years provided no premiums are in default. The surrender value will be quoted by state life on request of the policyholder. the surrender value is guaranteed to be not less than 30% aggregate premiums.

Claim:

State Life insurance policies provide a wide range of benefits in case of death of the persons covered against them. If your loved one covered under any of State Life has expired, you should lodge a death claim with us. All you have to do is to send a written intimation to the zonal office of State Life servicing the policy against which you are lodging a death claim.

NOTE,

basic income benefits are payable for 10 years from the date of death of the life assured .the benefits in columns 2 and4 as well 3 and 5 will be added if both installments are not withdrawn. supplementary income benefits will be equal to or 50 % of the basic income benefit as mentioned in the description of the plan.

AGE NEAREST BIRTHDAYIF 1ST INSTALLMENT
6 YEARS NOT WITH DRAWN
DUE AFTERIF 2ND INSTALLMENT
NOT WITHDRAWN
DUE AFTER 12 YEARS
BASIC INCOME BENEFITS P,ALUMP SUM AT THE END OF ALL INCOME
BENEFITS
BASIC INCOME
BENEFITS P.A
LUMP SUM AT THE END OF ALL INCOME
BENEFITS
(1)
YEARS
(2)
RS
(3)
RS
(4)
RS
(5)
RS
20156234125188
21147221118177
22139209112168
23131197106159
24124
186100150
2511617494141
2610916488132
2710215382123
289614477116
299013571107
30841266699
31781176192
32721085786
33671015278
3462934872
3557864466
3653804162
3749743857
3846693654
3942633350
4040603147
4137562944
4234512741
4332482639
4430452436
4528422335
4627412132
4725382030
4824361929
4922331827
5021321726
5120301624
5218271523
AGE NEAREST BIRTHDAYIF 1ST INSTALLMENT DUE AFTER7 YEARS NOT WITHDRAWNIF 2ND INSTALLMENTS DUEAFTER 14 YEARS NOT WITH DRAWN
BASIC INCOME BENEFITSP.ALUMP SUM AT THE END OF ALL INCOME BENEFITSBASIC INCOME BENEFITS P.ALUMP SUM AT THE END OF ALL INCOME BENEFITS
(1)
YEARS
(2)
RS
(3)
RS
(4)
RS
(5)
RS
20140210110165
21132198104156
2212418698147
2311717691137
2411016586129
2510315580120
269614474111
279013569104
28841266496
29781175989
30721085481
31671015075
3262934669
3358874365
3453804060
3550753756
3646693553
3743653350
3840603045
3937562842
4035532741
4132482538
4230452335
4329442233
4427412132
4525382030
4624361929
4722331827
4821321726
4920301624
AGE NEAREST BIRTHDAYTERM OFASSURANCE
18 YEARS21 YEARS
2064.6556.37
2164.7156.45
2264.7856.53
2364.8556.62
2464.9356.72
2565.0256.83
2665.1456.97
2765.2657.12
2865.3857.28
2965.5357.45
3065.7057.66
3165.8857.90
3266.0958.18
3366.3258.48
3466.6058.82
3566.9259.21
3667.2859.65
3767.6960.16
3868.1460.71
3968.6661.32
4069.2562.01
4169.9062.77
4270.6263.59
4371.4264.49
4472.2965.45
4573.2766.50
4674.3367.75
4775.4668.90
4876.7070.24
4978.0471.69
5079.48--------
5181.04--------
5282.70----------
53-----------------
54-----------------------
55---------------------------

Tags

zahid lar

hard working is key to success

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button