| |
| Year |
Minimum
Basic Premium |
| |
30,000 |
40,000 |
50,000 |
75,000 |
| 1st |
20% |
30% |
40% |
50% |
| 2nd |
80% |
80% |
80% |
80% |
| 3rd
|
90% |
90% |
90% |
90% |
| 4th and
5th |
100% |
100% |
100% |
100% |
| 6th onwards |
103% |
103% |
103% |
103% |
|
|
| |
| |
The
Unit prices are calculated each week by dividing
the value of the fund by the number of units in
issue. Two unit prices are set – the “Offer
Price” (higher price) and “Bid Price”
(lower price.) Units are allocated at the offer
price and encashed at the bid price. The method
of calculating both the bid and offer prices of
the funds may vary, to reflect whether it is appropriate
to value the assets on purchase or sale basis.
|
| |
| |
Guaranteed
Returns: |
| |
Returns
are not guaranteed; but will fluctuate depending
upon the performance of the underlying investments.
However, with the diversity provided only through
an economy of scale, you would always enjoy the
safety that is not possible if the money is invested
independently. |
| |
| |
Benefits
of Secure Investment Plan: |
| |
 In
case of death, beneficiary of life assured will
get maximum of sum assured
or cash value
at the time of death. It will prevent them by
suddenly dropping
from their accustomed standard
of living after the death
of a breadwinner. |
| |
A person can turn his financial goals and dreams
into reality. |
| |
A limited saving plan i.e. 10 – 20 years. |
| |
Protect one’s savings from inflation because
it has an in-built indexation system.
Thus increasing insurance coverage automatically. |
| |
| |
Attachable
Riders: |
| |
Secure
Investment Plan is flexible as you can choose
premium and cover level within the specified limits.
The important thing is that you can alter the
cover plan on any plan anniversary, without altering
the premiums. |
| |
| |
The
following riders may also be opted for: |
| |
1.
Hospitalization cash rider, self + spouse + children |
| |
2.
Critical Illness Rider |
| |
3.
Family Income Benefit Rider |
| |
4.
Permanent Total Disability Rider |
| |
5.
Accidental Death Rider |
| |
6.
Accidental Death & Dismemberment Rider and |
| |
7.
Waiver of Premium. |
| |
| |
Adding
to your investment: |
| |
One
can add to one’s initial investment at any
time. These will be treated as Adhoc Premiums
and would be invested in the Unit Account of the
policyholder at the then prevailing offer price.
There will be no need to buy a new policy unless
you require additional free insurance coverage. |
| |
| |
Tracking
your Investment Performance: |
| |
Your
money will be converted into units of the funds.
The bid / offer prices of these units are regularly
published in leading newspapers of the country.
This gives you an easy way to track the performance
of the fund. |
| |
| |
Eligibility: |
| |
This
benefit is available to anyone between the ages
of 18 and 65 (nearest birthday) with minimal underwriting
and medical requirements. The maximum age of expiry
of the term plan is 70 years |
| |
| |
Inquiries: |
| |
If
you have any inquiry relating to the operation
or management of your Secure Investment Plan,
you can contact your NJI Life agent or any of
the NJI Life branches nationwide. |
| |
| |
Disclaimer: |
| |
This
brochure is not the contract. It is strongly recommended
to thoroughly review Standard Policy Conditions
of Secure Investment Plan before buying a policy.
Terms and conditions may apply to above benefits. |
| |
| For Our Financial Advice, Please Provide Your Details |
| |
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