JEEVAN SATHI ASSURANCE
Minimum Age (Equivalent): 20 years
Maximum Age: 50 years
Equivalent Age (Maximum) on Maturity: 70 years
here for supplementary covers which can be attached with this
This is a joint life plan and covers lives of two partners say
husband and wife simultaneously. Premiums are payable till the end of
the specified term or till death of either of the insured persons, if
earlier. The plan contains extensive benefits; an overview of which
appears as under:
On the death of the first life, the sum insured will be paid to
the survivor. Further premiums under the policy will be waived, but
the insurance protection of the second life will continue. Also, the
policy will continue to participate in profits of the Corporation.
On death of the second life, again the sum insured will be paid
together with the attaching bonuses.
In this event the policy will terminate.
If the second life survives the term of the policy, he or she
will be paid sum insured together with the attached bonuses, even
though the sum insured has been paid once, on the death of the first
life. If both the lives survive the term of the policy, the sum
insured will be paid to them jointly, only once, together with the
attached bonuses. Different supplementary covers are also available
for increasing coverage under the policy. Click
here for supplementary covers.