U- lip Plans

Nivesh Plus (749)
 Plan Name: Nivesh Plus (749)
 Product Summary:
 Nivesh Plus (749) is a Single Premium, Unit Linked plan which offers insurance cum
investment during the term of the policy. Policy holder can decide the fund in which the
amount is invested based on his risk apetite.Basic sum assured can be choosen between 1.25
times of the premium and 10 times the premium. If sum assured opted is 10 times the
premium, tax benefits on premium (80C )and section 10 (10D)
Question 4: Premium Payment Mode:
Answer: Single Premium
Question 5: Term:
Answer: (1) Basic Sum Assured 1.25 times premium: 10 to 25 years (2) Basic sum assured 10
times single premium (a) age up to 25 years:10 to 25 years (b) 26 to 30 years :10 to 20 years
(c) 31 to 35 years : 10 years
Question 6: Minimum Age at Entry:
Answer: 30 days completed
Question 7: Maximum Age at Entry:
Answer: 70 years for option 1(Sum assured 1.25 times premium) and 35 years for option 2(10
times premium)
Question 8: Maximum Cover Ceasing Age:
Answer: 85 years for option 1 and 50 years for option 2
Question 9: Minimum Sum Assured:
Answer: 1,25,000
Question 10: Maximum Sum Assured:
Answer: No limit (Subject to other conditions)
Question 11: Riders Available
Answer: Accident death benefit
Question 12: Accidental Death and Disability Benefit (ADDB):
Answer: not available
Question 13: On Death:
Answer: Before commencement of risk: amount equal to fund value. After commencement of
risk: Higher of Basic sum assured less partial withdrawals( in previous two years) or unit fund
value.
Question 14: On Survival:
Answer: Unit fund value is paid on policy holder surviving the term of the policy.
Question 15: Surrender Value:
Answer: Fund value available at the date of surrender(if surrendered after the lock in period)
Question 16: Loan:
Answer: No loan facility available
Plan presentation prepared by:
Bhandu Gope
Financial adviso
bhandbugope@gmail                          .