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| Insurance >> Youngsters >> Term Assurance Plan >> Two Year Temporary Assurance Plan |
| Table No. 43 |
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| Features |
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- The Two Year Temporary Assurance policy
is designed for the insuring public
who requires risk cover for a maximum
of two years.
- Under the Two Year Temporary Assurance
policy a single premium is required
to be paid at the outset of the policy
to cover the entire period of term.
- The proposer is required to pay the
medical examination fee. The proof of
age must also accompany the proposal.
- The policy issued will be only under
the 'Without Profits' plan.
- The policy is not entitled to any
surrender value.
- No loan will be granted against the
Two Year Temporary Assurance policy.
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| Suitable For |
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| The Two Year Temporary Assurance
policy caters to the individuals who specifically
require insurance cover against risk for
a short period of two years, for instance
persons who are required to go on tours
for instance for a year or so. |
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| Benefits |
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| Survival Benefits |
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| Not Applicable |
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| Death Benefits |
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| Total sum assured. |
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| Plan Parameters |
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Minimum |
Maximum |
| Entry Age (years) |
18 |
60 |
| Sum Assured (Rs.) |
50000 |
10000000 |
| Term |
6, 12 ,18, 24 months |
Not Applicable |
| Mode of Payment |
Maximum Maturity Age |
Policy Loan Available |
| Single Premium |
62 years |
No |
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