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ENDOWMENT ASSURANCE BY SINGLE PREMIUM

ENDOWMENT ASSURANCE BY SINGLE PREMIUM

a single premium is paid per 1,000 sum- assured for the selected term of the policy ranging from 10 years to 50 years term. The policy matures at the end of the selected term or earlier death.

the policy under table 09 participates in earnings till the phrases of the policy or the death of the assured if in advance. the sum assured plus bonuses are consequently payable on maturity or earlier loss of life.

this plan, an unmarried top class is paid in step with 1,000 sum- assured for the selected term of the policy ranging from 10 years to 50 years term. the policy matures at the give up of the chosen term or at in advance loss of life.

coverage beneath table 09 participates in profits till the term of the policy or the demise of the assured if earlier. the sum confident plus bonuses are consequently payable on maturity or at earlier demise.

ENDOWMENT ASSURANCE BY SINGLE PREMIUM

The policy under table 09 participates in profits until the terms of the policy or the death of the assured if earlier. The sum assured plus bonuses are therefore payable on maturity or earlier death.

The policy underneath table 09 participates in earnings till the phrases of the policy or the death of the assured if in advance. the sum assured plus bonuses are consequently payable on maturity or earlier loss of life.

Loan:

state life may grant a loan to the policyholder on his/her written request, against the net surrender value of the policy. the amount of loan shall not exceed 80% of the said net surrender value. the rate of profit or return and the other terms and conditions will be determined by state life at the time of granting the loan.loans of less then RS will not be given.
the amount of loan together with accrued profit or return will be the first charge on the policy, prior to all other claims.

SURRENDER VALUE;
The policy will acquire a surrender value after it has been in force for at least two consecutive years provided no premiums are in default. The surrender value will be quoted by state life on request of the policyholder. the surrender value is guaranteed to be not less than 30% aggregate premiums.

Claim:

State Life insurance policies provide a wide range of benefits in case of death of the persons covered against them. If your loved one covered under any of State Life has expired, you should lodge a death claim with us. All you have to do is to send a written intimation to the zonal office of State Life servicing the policy against which you are lodging a death claim.

Maturity:

It is a matter of great pleasure that your policy has matured. It is a time to fulfill the goals that you had set years back. For collecting maturity benefits, please send a written request alongwith following documents to your servicing State Life zonal office:

MATURITY AGES10 YEARS15 YEARS20 YEARS25 YEARS30 YEARS40 YEARS50 YEARS
UP TO 52699.40586.40498.50414.00344.10-----------------
53-57703.10591.40503.90419.50349.40--------------
58-62710.20600.70513.90429.40358.60250.70-----------
63-67721.70616.90531.50446.60374.50263.30-----------
68-70736.50640.20558.70474.00400.10283.20200.80
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