Akshaya Plan

Front

Akshaya is a _______ plan

Back

Participating plan

Front

What are the 2 options available in Akshaya plan?

Back

Long term & Whole life

Front

Maximum entry age in Akshaya plan

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55

Front

What are the premium paying options currently available in Akshaya plan? Options: 6/8/10/12, 5/6/8/10/12, Only 10&12, 6/7/8/9/10/11/12

Back

6/8/10/12

Front

What type of bonus we will get in Akshaya plan? Options: Reversionary bonus, Cash bonus, Guaranteed income, Fund value

Back

Cash bonus

Front

What is the maturity benefit under this plan?

Back

Sum assured + accumulated cash bonus( if any) + terminal bonus

Front

What is the benefit of having accumulated cash bonus?

Back

Cash bonus will be accumulated monthly at the interest rate declared by RBI.

Front

Can a customer withdraw accumulated cash bonus at any point of time?

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Yes

Front

What is the loan amount in Akshaya plan?

Back

80% of the surrender value

Front

What is Reduced paid up?

Back

Customer will stop paying premiums after certain period of time