The maximum amount of loan available is 85% of the acquired Surrender Value while the minimum amount is Rs.5000. Loan –Loan can be taken on the policy after the policy has acquired a Surrender Value.A terminal bonus may also be paid on death or maturity of the plan. Bonus – Simple reversionary bonuses are declared under the plan and are paid every year for which the policy is in-force.If the policyholder dies or surrenders his policy, the discounted value of the increased benefit would be paid along with the regular death or surrender value subject to a minimum of the original benefit payable on the due date. The enhanced benefit payable corresponding to the year up to which the benefit is deferredįor terms 20 and 25 years: Survival Benefit year chosen
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