Money Back life Assurance

Product Profile

Life, as we know, is full of uncertainties. And to keep ahead of them, you need to plan ahead. Adamjee Life money back is a term life insurance Plan that offers comprehensive and affordable coverage for a limited period of time to suit your requirements. Keeping in mind your life protection needs we have devised a plan that gives you and your family complete peace of mind and round the clock protection,Money back life assurance provides you complete life coverage and also protects you and your loved ones in case of any unforeseen tragedy that might leave you unable to work.

God forbid if your family has to live in a world without you, we not only help them financially but also take care of all your funeral and related expenses. And to top it all after the term of the policy we even give you half of your 5 years premium back.

Features and Benefits

During the insured term if the person dies he gets total coverage amount at the time of death. If death occurs due to accident then the insured gets twice the sum assured. In case the insured becomes disabled he receives the complete coverage amount. The insured also has the option to receive the benefit in the form of monthly annuity for 10 years. In case if the insured survives he can receive 50% of his premium back upon maturity.

Death Benefit:

Sum assured is paid in case of death.

Accidental Death Benefit

Twice the sum assured amount is paid in case of accidental death,and there is also an option to take half of the total amount at 1% of sum assured for 10 years. 

Survival Benefit

The insured receives 50% of his premium back in case of survival for the policy term.

Disability Benefit:

In case of disability the insured will receive the coverage amount in lump sum or can avail it the form of annuity at 1% of guaranteed coverage amount for 10 years.

Terms

Minimum issuing age: 18 years

Maximum issuing age: 55 years