Surya Money Back Plan 15 Years
The company has introduced this plan to meet the financial needs of life assured during the currency of policy wherein certain percentages of sum assured are paid to life assured at certain fixed intervals. The plans have got provisions for nomination as well. The salient features are as follows.
- Minimum Age at Entry : 16 Years (Last Birthday)
- Maxmium Age at Entry : 55 Years and 50 Years (Last Birthday)
- Terms of Plans : 15 Years
- Maximum Age at Maturity : 70 Years (Last Birthday)
- Minimum Sum Assured : NRs.25,000/-
- Sum Assured to be in the multiples of : NRs.1,000/-
- Maximum Sum Assured : On the Basis of Income
- Mode of Payment of Premium : Yearly/Half yearly/Quarterly
- Riders with Additional Premium : ADB, ADB+PTD+PWB
- Riders with Critical Illness (18 Diseases)
Accidental Double Benefits
In case of death of life assured the Company shall pay the double the sum assured to the nominee of life assured, if the life assured has taken this riders along with policy plan, as per conditions, after paying premium at the rate of Re 1/-per annum per thousand.
Accidental Double Benefit (ADB), Permanent Total Disability (PTD) and Premium Waiver Benefit (PWB):
This rider is available after paying additional premium of Rs. 2/- per thousand per year in which the benefit of total disability and premium waiver after accident, if permanent disability has set in are given. If the life assured dies out of accident, then double the sum assured is paid to nominee.
The conditions are as follows:
- Maximum sum assured for both of these riders is NRs. 50,00,000/- or basic sum assured which ever is lower.
- Maximum age of life assured, under both these riders, up to which benefits of riders are available is age 60 (last birthday).
Critical Illness Benefit (18 Diseases) : This rider is available after paying additional premium.
18 Diseases :-
1. Cancer of Specified Severity.
2. Kidney failure requiring Regular dialysis.
3. Multiple Sclerosis with persisting symptoms.
4. Major organ/Bone Marrow transplants(as recipient).
5. Open Heart Replacement or Repair of Heart valves.
6. Open chest CABG ( Coronary Artery by-pass graft ).
7. Permanent paralysis of Limbs.
8. Myocardial infarction ( First Heart Attack of specific Severity).
9. Stroke Resulting in Permanent Symptoms.
10. Benign Brain Tumor.
11. Alzheimer's Disease.
12. Coma of specified severity.
13. End Stage Liver failure.
14. Parkinson's disease.
15. Aorta Graft surgery.
16. Third degree burns.
17. Deafness.
18. Loss of speech.
The conditions are as follows:
- Maximum sum assured for this riders is NRs. 50,00,000/- or basic sum assured which ever is lower.
- Maximum age of life assured, under this rider, up to which benefits of rider are available is age 60 (last birthday).
First Policy Issue Date : 25.04.200