Shubu Nivesh at a Glance

Age at Entry

Minimum : 18 years

Maximum : Endowment Option

  • Regular Premium (RP) : 55 years
  • Single Premium (SP) : 60 years
  • Endowment with Whole Life option: 50 years (For both Single/Regular premium)



Maximum Age at Maturity

65 Years

Basic Sum Assured (in multiples of 1,000)

Minimum: ₹ 75,000

Maximum : No Limit, subject to Board approved underwriting policy

Policy Term

Minimum : Endowment Option

  • 10 (RP) / 5 (SP) years
  • Endowment with Whole life option 15 years (For both SP & RP)

Maximum : 30 years (Endowment Term)

Premium Frequency

Single Premium / Yearly / Half-yearly / Quarterly / Monthly*

Premium Paying Term

Single Premium / Regular Premium (Same as policy term)

Premium Frequency Loading
  • Half-Yearly : 51.00% of annual premium
  • Quarterly : 26.00% of annual premium
  • Monthly : 8.50% of annual premium
Premium
Minimum Maximum

Single Premium: ₹  43,000

Yearly: ₹ 6,000

Half-Yearly: ₹ 3,000

Quarterly: ₹ 1,500

Monthly: ₹ 500

 

No Limit, subject to board approved