RATE BOOKstate life

SHEHNAI POLICY TABLE 77

SHEHNAI POLICY.  table 77                                                                                                                                      is an innovative life insurance.it provides a solution to the problems of many concerned parents who want to save now in order to provide for their children’s higher education, marriage, and other expenses when the need arises. the term of the plan is such that the lump sum benefits become payable as the child attains of the age of 25 years.                                                                                                                     SHEHNAI POLICY.                                                                                                                                                           also assists in tackling the ravages of the inflation.this is done by the automatic increase of 6%p.a . in sum assured and premium form third policy years onward. however,the policyholder has the right to refuse the increase in pay the same premium as last year.                                                                                      if the policyholder refuses the increase 3 times during the policy term then the evidence of insurability will be required for further increases.                                                                                                      a policy statement will also be issued 2 months ahead of due date form the 4th year onwards showing the buildup of the cash value of the policy and sum assured for the year.                                                                the salient features of the plan are.                                                                                                                          SHEHNAI POLICY.  maturity benefit; the policy matures when the child attains the age of 25years.at maturity, the cash value of the policy is paid to the child. the cash value includes all the bonuses that have been credited to the policy.                                                                                                                                     benefits to the child upon assured s; death; if the assured dies during the term of the policy, then;                  premium payments stop and the sum insured applicable to the policy year of the death is deferred to be payable when the child attains age 25 at the time of death of the assured,                                                      the said sum assured is added to the adjusted opening cash to participate in state life’s surplus until it is paid out . the enhanced cash value with bonuses will be paid to the child when he/she attain age 25yea                                                                                                                                                                                            option to the policyholder upon the child death; the policyholder has 3 option                                                    1- switch the plan for the life of another child and continue the policy.                                                                2-receive the adjusted opening cash value at the beginning of the year of death of the child and terminate the contract.                                                                                                                                                          3- continue the policy without naming another child. other terms and conditions will remain unchanged.                                                                                                                                                                          the behtar option. the child will have behtar option. under this option, the child may collect the lump sum benefits in 5 equal annual installments. the sum of this 5 installment will be greater than the lump sum.

TERM 1011121314151617
CHILD AGE15141312111098
INSURED AGE
201171081009387837875
211171081009387837875
221171081009387837875
231171081009387837875
241171081009387837875
251171081009387847976
261171091019488847976
271181091019488847976
281181091019488847976
291181091019488847976
301181091019488847977
311181091019488858077
321181091029589858077
331191101029589858077
341191101029589858178
351191101029690868178
361191111039690868279
371201111039691878279
381201111049791878380
391211121049792888381
401211121059892898482
411221131059993908583
4212211410610094918684
4312311510710195928785
4412411610810296938986
4512511710910398949088
4612611811110499969189
47128119112104100979391
48128121114107102999593
491311221151091031019794
501321241171111061039997
5113412611911310810510199
52136128121115110107103101
53139131124118113110106104
54141133126120115112108-------------
55144136129123118115-----------------------
56146138132126121---------------------------------
57149141134129-------------------------------------
58152144138--------------------------------------------------------------
59155148------------------------------------------------------------------
60158------------------------------------------------------------------------------------------
TERM1819202122232425
CHILD AGE76543210
INSURED AGE
207168666361595755
217168666361595755
227168666361595755
237168666361595755
247168676462605856
257269676462605856
267269676462605856
277269676462605856
287269676463615957
297269686563615957
307370686563615958
317370686564626058
327370696664626059
337471696664636159
347471696765636260
357572706766646261
367572716866656361
377673716967666462
387674727068666563
397775737169676664
407876747270696766
417977757371706867
428078767472717068
438179787574727170
448380797775747371
458482817877767473
4686838280797776------------------
47878584828079---------------------
488987868482-------------------------------
4991898886-----------------------------------------------------------
50939190-------------------------------------------------------------------------------------------
519694----------------------------------------------------------------------------------------
5298----------------------------------------------------------------------------------------------------------------------

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