Difference Between Survival Benefit & Maturity Benefit Explained
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Table of Contents
What are maturity benefits?
What are survival benefits?
What kind of life insurance plans offer survival benefits?
Difference Between Survival Benefit and Maturity Benefit
What are the advantages of survival benefits?
Conclusion
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FAQs
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Difference Between Survival Benefit & Maturity Benefit Explained
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Disclaimer
#Provided all due premiums are paid.
ABSLI Nishchit Aayush Plan. This is a non-linked non-participating individual savings life insurance plan. UIN No 109N137V06
^ - Provided 0 year deferment & monthly income frequency is chosen at the time of inception of the policy.
~ Male- 25 yrs invests in ABSLI Nishchit Aayush Plan with Level Income + Lumpsum Benefit. He chooses premium payment term 10 yrs , policy term 40 years, benefit option -Long Term Income, Sum Assured 7 times of Annualized Premium and Deferment Period 0 years. Annualized Premium is ₹1,20,000 (Exclusive of GST.). Annual Income of ₹45,900 (45,900*40=18,36,000) + Maturity Benefit (₹16,80,000)= ₹35,16,000
ADV/2/23-24/3683
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