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Mr.Pradeep Diwan
LIC Agent
7C / 8C, Parekh Nagar Indl. Estate,
S. V. Road, Kandivli (West), Mumbai -
400067
Maharashtra, India.
Tel: 28050377/
28055576
Fax: 28056748
Cell: 9324422924
pradeep@licinsurance.com |
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JEEVAN
SAATHI
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Sum
assured along with vested bonus is payable
on date of maturity if both lives survive
upto date of maturity.
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Basic
sum assured is payable on first death within
the term, to the surviving spouse.
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If
the second life also dies within the term
of the policy, the nominee gets another sum
assured along with vested bonus.
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If
the second life survives to maturity, an amount
equal to sum assured is paid along with vested
bonus.
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Minimum
sum assured is Rs. 30000/-.
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Minimum
premium must be Rs.800 per annum
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Minimum
age at entry is 20 years
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Maximum
age at entry is 50 years
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Maximum
maturity age is 70 years
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Age
of the older life should not be more than
65 years on maturity
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Premiums
are based on mean age
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Where
sum proposed is over 1 lakh, the age of older
life cannot be more than 60 years
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Lady
lives who have undergone two caesarian operations
are not eligible for this policy
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Accident
benefit premiums to be paid on both lives.
After 1st death, accident benefit is allowed
on the second life also either by the same
accident or by another accident within the
same year
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Only
Standard age proof is accepted
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Bonuses
vest even after cessation of premium on 1st
death, since it is payable only along with
the sum assured payable in the event of death
of 2nd life within the term or on 2nd life
surviving date of maturity
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Bonus
is calculated on basic sum assured
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