Money Tree Plan– 674/ 675 /693 (Secure Your Future)
Unique features: A plan with periodical returns (Money Back) after every five years.
The most uniqueness of the plan is that in case of an unfortunate death during any time, despite the periodical payouts, death cover for the full sum assured is ensured till maturity.
Need to Know:
- Age Limit- Minimum: 12 years & Maximum: 70 minus term of policy
- Policy Term of- 15, 20 or 25 years
- For 15-year term plan 674 – Minimum 12 years & Maximum 55 years,
- For 20-year term plan 675 – Minimum 12 years & Maximum 50 years
- For 25-year term plan 693 – Minimum 12 years & Maximum 45 years,
To know “What is in there for You” click here
Table of Survival Benefits (% of the Sum Assured) payable under Money Tree Plans:
50% + Bonus
40% + Bonus
40% + Bonus
Minimum Age at Entry
Maximum Age at Entry
Maximum Age at Maturity
Money Tree Plans
Premium Paying Term (PPT)
Minimum Basic Sum Assured
$10,000 (multiples of $ 1000)
Maximum Basic Sum Assured
Term of policy
Minimum age for Accident Benefit
Maximum age of entry for AB
Accident Benefit available upto
Maximum Accident Benefit Sum Assured
Equal to Basic Sum Assured subject to the maximum aggregate limit of $200,000 under all existing policies on the same life
Death Benefit: Payment of the sum assured + the vested bonuses on death of the life assured during the term of the policy.
Maturity Benefit: Payment of the last survival benefit + the vested bonuses on the date of maturity of the policy.
Terminal Illness Benefit: 50% of the sum assured is payable if the life assured becomes terminally ill and the balance along with the vested bonuses is payable on the death of the assured (Contact us for more information)
Optional Benefits: Accident Benefit,Critical Illness Rider and Term Assurance Rider.