Sahara India Shrestha Nivesh-Jeevan Bima Plan, Policy, Premium and Maturity Calculator
Sahara India Shrestha Nivesh-Jeevan Bima Plan, Policy, Premium and Maturity Calculator - Sahara Shrestha Nivesh Jeevan Bima Plan is a traditional Endowment Plan with one-time premium payment which takes care of the future savings and life insurance coverage by paying just once.
Key Features - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
- It is a non-participating plan with Single Pay option
Benefits - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
-
On maturity, the Sum Assured is payable to the policyholder
-
On death of the policyholder ,the Sum Assured is payable which should not be less than 125% of the Single Premium if age is less than 45 years or 110% of Single Premium for ages 45 years and above
-
Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act.
Product Specification - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
|
Minimum |
Maximum |
Entry Age (Nearest Birthday) |
9 years |
60 years |
Maturity Age (Nearest Birthday) |
- |
70 years |
Policy Term (PT) in years |
5 |
10 |
Premium Paying Term (PPT) in years |
Single Pay |
|
Yearly Premium |
16,992 |
71,17,825 |
Sum Assured |
30,000 |
1 crore |
Details About Premium - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
Annual premium in Rupees
Age |
Term |
Premium |
Sum Assured |
Maturity / Death Benefit |
35 years |
8 years |
19,150 |
30,000 |
30,000 |
Policy Details - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
Grace Period: the provision of grace period is not applicable under Single Pay Plans
Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy anytime. The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value.
GSV = GSV Factor * Single Premium paid
Free look period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim.
Additional Features or Riders - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
- High Sum Assured rebates are allowed for a coverage of 50,000 and above
Inclusions - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
- The plan provides loan of up to 90% of the Surrender Value
Exclusions - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
- In case of suicide committed within 12 months of policy inception only 80% of premiums paid are returned to the nominee.
Documents Required - Sahara Shrestha Nivesh-Jeevan Bima Plan and Policy
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.
Sahara India Endowment Life Insurance Plans and Policy |
|
|---|---|
| Sahara India Endowment Plans |
|---|
| Sahara Shrestha Nivesh-Jeevan Bima |
| Sahara Shubh Nivesh-Jeevan Bima |
| Sahara Dhan Sanchay Jeevan Bima |
| Sahara India Money Back Plans |
|---|
| Sahara Pay Back Jeevan Bima |
| Sahara Dhanviddhi-Jeevan Bima |
| Sahara Dhanvarsha Jeevan Bima |
| Sahara India ULIP Plans |
|---|
| Sahara Sanchit - Jeevan Bima |
| Sahara Utkarsh - Jeevan Bima |
| Sahara Sugam - Jeevan Bima |
| Sahara India Group Insurance Plans |
|---|
| Sahara Samooh Suraksha |
| Sahara India Rider Plans |
|---|
| Sahara Accidental Death Benefit Rider |