Jeevan Saral Table No.165  is a unique plan having good features of the conventional plans and the flexibility of a unit-linked plans. However, Jeeval Saral is not a Unit linked plan, that means there is no share market risk involved in Jeevan Saral.

Jeevan Saral is also known as ATM (Any Time Money) Plan. You can withdraw your money after 10 years. It will act like your ATM.

Jeevan Saral gives the following benefits:

  • higher cover
  • a smooth return
  • liquidity
  • a lot of flexibility


Under Jeevan Saral plan death cover will be same irrespective of age at entry and term but the sum payable
at maturity will differ for different entry ages and terms.

Jeevan Saral plan is more approprite for employees particularly seeking life insurance through a salary savings scheme.
Persons who want short term insurance but are not willing to pay more premiums.
Students going abroad for further studies.

Features :
1. Maturity Benefit:
1) Maturity Sum Assured Plus
2) Loyalty addition

2. Death Benefit:
1) 250 times the monthly premium plus
2) Return of premiums excluding first year and extra premiums plus

3) Loyalty addition
3. Only term assurance plan allowed to minors.
4. Extended risk cover of 1year (similar to table no 91) if 3 full years premiums are paid.
5. Double Accident Benefit :- On death due to accident extra sum assured would be payable.

6. Permanent Disability Benefit :- In case of disability due to accident following would be payable.

  • Future premiums are waived.
  • Annuity for next 10 years = SA / 120. payable monthly.
  • Insurance cover continues and maturity would be payable after completion of term.

7. Term Rider Benefit is available for extra risk cover on natural death.

8. Critical Illness Rider Benefit is available. Covering Heart Attack, Stroke, Cancer, Kidney Failure,
Major Organ Transplant, Paralysis, 3rd Degree Burns, Blindness, Coronary Artery By-Pass Surgery
Heart Valve Replacement or Repair, Aorta Graft Surgery.

9. Backdating of policy is allowed.
10. Policy Loan is available.
11. Policy can be surrendered after a period of 3 years.
12. The policy holder can choose a maximum term but can surrender at any time.
13. Partial surrender allowed after 3 years
14. Attractive exit options.


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