Invest Assure Insurance Plan

Features

Eligibility

Downloads

SA Chart

SA Calculator
 
Features

Non-linked participating limited pay endowment plan for individuals.

Key Benefits
Up to 2 times the Sum Assured as life cover.
Option to choose two plan variant Silver and Gold.
Life cover even after premium payment term.
Guaranteed Surrender benefit on 1st & 2nd year also.
Option to avail loan up to 90% of the surrender value.

Benefits

Maturity Benefit

Sum Assured + Vested Bonus + Terminal Bonus

Death Benefit

Sum Assured + Vested Bonus + Terminal Bonus

Sum Assured on death will be 125% and 200% of Sum Assured for Silver and Gold variant respectively.

Surrender Benefit

Guaranteed Surrender Value(GSV) will be paid, provided at least (3) three full years premium have been paid.

Policy Surrender Year

Proportion of the Premium Paid Till Date

3

30%

4-10

50%

11-15

55%

Early Termination

Number of Full Years’ Premiums Paid

Early Termination Value as a % of Premiums Paid Till Date

1

11%

2

15%

This early termination value will be paid on request for termination of the policy by Policy holder, death or end of the revival period, whichever happens earlier.

Policy Loan

Option to avail loan up to 90% of the surrender value.

Eligibility
 
Plan Varient Silver Gold Silver Silver
Age at Entry 0 - 17 Years 18 - 36 Years 37 - 45 years 46 - 50 years
Age at Maturity 70 Years 70 Years 70 Years 65 Years
Policy Term 25 Years 25 Years 25 Years 20 Years
Premium Paying Term 15 Years 15 Years 15 Years 10 Years
Premium Yearly Rs.6500 Rs.6500 Rs.6500 Rs.10000
Minimum Sum Assured: Rs.1 Lac
Maximum Sum Assured: No Limit

Non-Standard Age Proof - Guidelines

Minimum Age at Entry: 18 years
Maximum Age at Entry: Maximum age at entry as per product guideline – 5 = 45 years
Variant Allowed: Only Silver
Benefit Term: As per product guideline
Minimum Premium: As per product guideline
Maximum TASA Allowed: 8 Lac

Female Underwriting Guidelines

As per existing guidelines.
Gold variant not allowed to Female Cat–2 and Cat–3.

Minor Life Guidelines

Only Silver variant allowed
MLQ required in all cases
Standard Age proof required for all minor cases
Minimum age at entry 0 years attained
If age 5 – 17 years, then school going proof required

 
   
   
 
 
 
  How to use the fund switch option to maximise Ulip returns?  
  read more...  
     
 
 
 
 
  Unit Linked Insurance Plan (ULIP) is a life insurance policy which provides ...  
  read more...  
     
 
 
 
             
 
Links
 
About Us
Knowledgebase
Careers
Contact Us
 
Get in Touch
 
<
 
Customer Service
customerservice@globalfinsol.com
Toll Free No:1800 103 4600
 
Contact Us
#1, 4A, Ayyappa Arcade,
Pampa Layout,
Kempapura, Hebbal,
Bangalore 560 024.
             
©2013 Global Finsol Private Limited.