#1
8th November 2015, 03:16 PM
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Andhra Bank Life Insurance
Hey buddy Iām Ramesh looking for some information about the Andhra Bank Life Insurance so that I can also apply for it and have secure life?
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#2
8th November 2015, 03:16 PM
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Re: Andhra Bank Life Insurance
As per your demand I will help you here to get the details about the Andhra Bank Life Insurance so that you can have idea about it and apply easily Here is the details about the Life Insurance offer by the Andhra Bank Age Limit of Life assured at the time of joining At least 5 yrs and not more than 60 yrs on last birthday. Age Limit of Policyholder at the time of joining 18 yrs as on last birthday Premium paying mode and Investment Options Regular / Limited Premium with half-yearly and Yearly paying modes. It allows the policyholder to decide the amount to be invested systematically across five different funds ā Debt1, Equity1, Balanced1, Index Tracker and Value Fund. Plan term Regular and Limited term : 15; 20; 25 yrs Single Premium : 15 yrs Premium paying term Regular Premium : 15,20,25 yrs Limited Premium : 7 & 10 yrs Single Premium : One time payment only Minimum Annualized Premium Regular Premium : Rs. 12,000/- Limited Premium : Rs. 15,000/- Single Premium : Rs. 45,000/- (one time only) Maximum annualized Premium No limit Minimum Sum Assured - calculation Regular & Limited type of Plan ā Higher of [105% of (premium paying term x annualized premium) or (10 x annualized premium)] Single Plan For Age less than 45 yrs at the time of applying for the plan ā 125% of Single Premium For Age 45 yrs & above, the Sum Assured is 110% of the single premium. Address:- Andhra Bank Shakti Nagar Rd, Main Road, Shakti Nagar, Udaipur, Rajasthan 313001 Phone:- 0294 241 3415 |