Page Title	Page title is required
Description
Keywords

Himalayan Life Anmol Ratna Bal (Sawadhik) Jeevan Beema

: 03/05/2024
: 03/13/2024

FEATURES

Plan Name: Himalayan Anmol Ratna Bal (Sawadhik) Jeevan Beema

Minimum Sum Assured: Rs. 50,000/-

Maximum Sum Assured: Rs. 50,00,000/-

Minimum Entry Age (Child/Proposer): Newly Born/ 18 Years

Maximum Entry Age (Child/Proposer): 17 years/ 55 Years

Maximum Maturity Age (Child/Proposer): 27 years/ 82 Years

Term: Minimum 10 Years: Maximum 27 Years

Mode of payment: Yearly, Half Yearly, Quarterly.

Medical Requirement: As per Company Rule

Risk Commencement:

The risk under the policy will commence either 2 years after the date of commencement or from the policy anniversary date falling immediately after the completion of age 6 of child, whichever is later.

Benefits:

Policy Benefits:

On Maturity:
Sum Assured and Vested Bonus
On Death of Insured Child:

Before commencement of risk

The total premium amount paid shall be refunded.

After commencement of risk

25% of the sum assured along with any vested bonus or the total premiums actually paid or paid-up value of the policy, whichever is higher, shall be paid.
On Death of Proposer:

Premium Waiver Benefit (PWB)
Monthly Income Benefit (MIB)

On simultaneous deaths of both insured child and the proposer:

25% of the Sum Assured and Vested Bonus on Full Sum Assured (for child’s death) and
100% of the Sum Assured is payable as lump sum (for proposer’s death)

Optional Rider Benefits:

50% of Rider Sum Assured

On death or total permanent disability due to accident of proposer, 50% of rider sum assured shall be paid.

Funeral Expenses

On death of the proposer, 25% of the rider sum assured shall be paid.

Other Facilities:
Surrender Value, Paid up Value and Loan Facility as per policy.