RETURNS AND BENEFITS (APPROXIMATE) ON SAHARA SAMP

 
SAHARA SAMPANN (Money Back Plan)
BENEFITS

At Age 30 Sum Assured 100000 –
Term 15 Years Yearly Premium –

Rs.9843 (With Accident Benefits)
Death Benefits:
Rs.100000 + Bonus for the premium paid years from the date of commencement. If death by accident then additional 100000 will also be paid

Survival Benefits
:
Payment of Rs.2s0000; Rs.20000; Rs.30000 and Rs.30000 after expiry of 4; 8; 12 and 15 years respectively from the date of commencement of Policy.

Main Attraction of Policy
:
Risk increase between >5 and <10 years – 150000 and >10 and <15 years 200000, if assured expires.

Maturity Benefits
:
Rs.30000 + Rs.90000 Bonus at the end of 15 years  = Total 120000(Bonus @ Rs.60 per thousand p.a. has been assumed)


**The Bonus rates of our Company are expected to be higher in the long run on account of our lower cost of operations.

***Premiums paid up to Rs.100000 under policies of the Company are eligible for Income Tax rebates u/s 80C of Income Tax Act, 1961.

****No TDS is deducted from amount payable towards Claim (Maturity or Death) and Survival Benefits (Sahara Sampann) Policies of the Company u/s 10(10D) of Income Tax Act, 1961.

THERE IS NO SUBSTITUE FOR LIFE INSURANCE

 
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