Please visit our website or ask your financial advisor for the complete benefit illustration for your policy. *The premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any and Goods & Service Tax (if any). You can opt for this option at the inception of the policy subject to the attained age of primary life insured & secondary life insured is less than or equal to 50 years.įor more details, refer to the product brochure. The sum assured applicable for your spouse shall be equal to 20% of your applicable sum assured. you (primary life insured) and your spouse (secondary life insured) are covered under the same policy and also jointly own the policy. “Total Premiums Paid” means total of all the premiums received, excluding any extra premium, any rider premium and taxes. 105% of the Total Premiums Paid up to the date of death or.
Sum Assured as an absolute amount to be paid on death or.In case of the unfortunate demise of the life insured during the policy term, the Sum Assured on Death will be paid to the nominee in 10 equal annual installments. ABSLI Pradhan Mantri Jeevan Jyoti Bima YojanaĪBSLI Group Bima Yojana Plan (Micro Insurance)