Thursday, 9 June 2011

Maturity Benefit:

On maturity, you will be eligible for an amount equal to prevailing Fund Value where the Fund Value will be calculated as:

Fund Value = (Accumulated Units * prevailing NAV)

Death Benefit:

In case of Death of the Life Insured before maturity of Policy, your nominees will be eligible for an amount equal to Sum Assured + Fund Value

Progressive Auto Cover Enhancement:

The unique feature of PACE will automatically increase your sum assured every year by 10% of base initial sum assured starting year 2 till end of policy term. This benefit is inbuilt and will be provided to you without any further increase in premium or additional underwriting

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