My Money Mitra

Jeevan Lakshya

  • Limited Premium Plan
  • Unique in-built Family Income Benefit
  • Range of term to choose from to meet specific need.
  • Options to choose Premium payment frequency.
  • Term Assurance Rider & Accidental Death and Disability Benefit Rider available for enhanced protection.
  • Income tax savings on PAID PREMIUMS
  • With Profit plan with Reversionary Bonus and FAB
  • Customize Tax Free maturity.
  • Risk cover to life assured.
  • Loan is available after 3 full years premium payment.
  • Maturity Benefit: Basic Sum Assured  +  Vested bonus  +  Final Addition Bonus (if any).
  • Death Benefits:
    • Family Income Benefit: 10% of Basic Sum Assured every year on policy anniversary after the date of death till maturity.
    • On the maturity due date: An Absolute amount equal to 110% Of Basic Sum Assured  +  Vested bonus  +  Final Addition Bonus (if any).
Eligibility Criteria
Min. Max.
Age 18 years 50 years
Term 13 years 25 years
PPT Less than 4 years
Sum Assured 1,00,000 No Limit
Premium Modes Yearly, Half Yearly, Quarterly & Monthly (ECS only or through salary deductions)

Yearly Premium for 10lac Sum Assured

Age Option 1 Option 2 Option 3
25 95882 53693 39875
30 96176 54183 40659
35 96813 55359 42227
40 98185 57466 44873

*Taxes will be extra as applicable.

*PWB premium optional according to Proposer's Age.