| Plan 147 - New Jeevan Suraksha |
| Min/Max age |
18/65 years |
| Vesting age |
50-79 years last birthday |
| Deferment period |
2-35 years |
| Min. Notional Cash option |
Rs 50,000 for regular premium policies |
| Min. single premium |
Rs 10,000 |
| Min. annual premium |
Rs 2,500 |
| Tax Benefits |
Under Section 80CCC(1) and Section 10 (23AAB) |
Features
- Options on vesting:
- Annuaity for life
- Annuity for life with guaranteed period of 5, 10, 15, 20 years
- Joint life and last survivor pension to the pensioner and his/her spouse
- Life annuity with return of purchase price
- Life annuity with return of purchase price
- Life annuity with annuities increasing at a simple rate of 3% per annum
- Rebates: Premium and mode rebates available
- Term assurance rider available
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