Nabo Jibon Anando is a Profit Assurance Plan. It is basically a combination of Endowment assurance Plan with Whole Life Plan. The Plan provides high risk cover and attractive returns.
Sum Assured + Reversionary Bonus + Final Additional Bonus at the end of the premium paying term.
If Death occurs within premium paying term, 125% of SA plus Accumulated bonus is payable (or 10 times of Annual Premium + Bonus + FAB). If death occurs after premium paying term, an amount equal to the basic sum assured is payable. Death benefit shall not be less than 105% of total premium paid as on the date of death.
18 Years(Completed) to 50 Years(Nearest Birthday)
75 Years
15 Years (Fixed)
35 Years
1,00,000/- (in multiples of 5000)
No Limit
Yearly 2%, Half Yearly – 1%
Yearly/Half Yearly/Quarterly/Monthly
2 Lac – 4.95 Lac Discount of 1.50% Basic Sumassured
5 Lac – 9.95 Lac Discount of 2.50% Basic Sumassured
10 Lac & Above Discount of 3.00% Basic Sum Assured.
Guaranteed Surrender Value shall be available after completion of atleast three policy years and atleast three full years premium have been paid. The policy can be surrender even after maturity.
Loan facility is available after 3 years premium have been paid.
Lapsed policy can be revived within 2 years from the date of first unpaid premium.
