Introduction :-
Jeevan Anurag Plan is a with profits plan specifically designed to take care of the educational needs of children. The plan can be taken by a parent on his or her own life. Benefits under the plan are payable at prespecified durations irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy. In addition, this plan also provides for an immediate payment of Basic Sum Assured amount on death of the Life Assured during the term of the policy.
Jeevan Anurag is a with profit plan specifically designed to take care of the educational needs of children. The plan can be taken by a parent on his or her own life benefits under the plan are payable at pre-specified duration irrespective on whether the life assured survives to the end of the policy tremor dies during the term of the policy. In addition, this plan also provides for an immediate payment of basic S.A amount on the life assured during the term of the policy.
Plan parameters :-
Age at entry: Min.20 yrs Max.60yrs (NBD)

Maturity age: Max.70 yrs.

Term: Min.5 yrs for S.P & 10 yrs for regular Max. 25 yrs

Sum assured: Min.50,000 Max. No Limit

S.A in multiples: 5000

Premium paying: policy term or

Term : policy term-3

Mode of payment: YLY/ HLY/QLY/SSS/MLY and single premium

Accident benefit: Allowed

Policy loan: yes @ 10.5%

Housing loan: yes

Assignment: yes

Revival: yea

Surrender of policy: yes

Term rider: yes

CIR: yes


Jeevan Anurag Plan benefits :-
Insurancejaipur Jeevan Anurag Plan is a with profits plan specifically designed to take care of the educational needs of children. The plan can be taken by a parent on his or her own life. Benefits under the plan are payable at prespecified durations irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy. In addition, this plan also provides for an immediate payment of Basic Sum Assured amount on death of the Life Assured during the term of the policy. Assured Benefit Payment of 20% of the Basic Sum Assured at the start of every year during last 3 policy years before maturity. At maturity, 40% of the Basic Sum Assured along with reversionary bonuses declared from time to time on full Sum Assured for the full term and the Terminal bonus, if any shall be payable. For example, if term of the policy is 20 years, 20% of the Sum assured will be payable at the end of the 17th, 18th, 19th year and 40% of the Sum Assured along with the reversionary bonuses and the terminal bonus, if any, at the end of the 20th year.