Star Union Dai-ichi Jeevan Ashray Plan – The Star Association Dai-ichi Jeevan Ashray Plan is a conventional reserve funds and growth strategy. This insurance plan is suitable for all budgets due to its affordable premiums, flexible premium payment terms, and payment options. Those who are unable to invest large sums of money will discover that they can still safeguard their family in the event of their death and ensure the growth of their savings.
Are you looking to retire in the next few years? If so, you’ll want to read this blog post. We’ve put together a comprehensive guide on the Star Union Dai-ichi Jeevan Ashray Plan 2024, which details everything you need to know in order to retire conveniently and comfortably. From making your retirement savings to finding the right housing, we’ve got you covered. So what are you waiting for? Start reading!
Star Union Dai-ichi Jeevan Ashray Plan 2024
The affordable endowment assurance plan known as Star Union Dai-ichi Jeevan Ashray is offered by Star Union Dai-ichi life insurance. It is not linked and does not participate. In addition to providing guaranteed benefits, the aforementioned savings-cum-protection plan provides financial security for your loved ones. The Star Union Dai-Ichi Life Jeevan Ashray Plan is an endowment assurance plan that is not linked and does not participate.
It is of the utmost importance that everyone comprehends the significance of savings. In the long run, it can make it easier for someone to achieve their life goals if they begin saving small amounts today. These savings can help the person avoid financial problems in the event of uncertainties. The Star Union Dai-Ichi Life Jeevan Ashray Plan regularly saves the policyholder’s hard-earned money so they can have financial security for themselves and their families and peace of mind. The plan aims to provide the insured’s family with comprehensive financial protection and to assist the policyholder in growing their funds.
Star Union Dai-ichi Jeevan Ashray Plan 2024 Details
| Name Of Article | Star Union Dai-ichi Jeevan Ashray Plan 2024 |
| Star Union Dai-ichi Jeevan Ashray Plan 2024 | Click Here |
| Category | Insurance |
| Official Website | Click Also |
Eligibility Who is the Star Union Dai-Ichi Life Jeevan Ashray Plan for?
If you’re looking to join the Star Union Dai-Ichi Life Jeevan Ashray Plan, you need to be eligible. And that means meeting a few basic requirements. In this article, we’ll take a look at who is eligible and what you need to do to join. Ready to start your journey to a healthy life? Let’s get started!
Customers who are interested in purchasing the Star Union Dai-Ichi Life Jeevan Ashray Plan must meet a number of eligibility requirements, including age and desired coverage. The following are the conditions:
| Parameters | Criteria for Eligibility |
| Minimum age at entry | 8 years |
| Maximum age at entry (Regular Pay) | 40 years |
| Maximum age at entry (15 years Limited Pay and 10 years Limited Pay) | 50 years |
| Term of the policy |
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Sum Assured and Premium Range What you get and what it costs?
Are you looking to buy a sum assured or premium range vehicle? If so, you might be asking yourself what you get in return for your investment. In this article, we’ll explore the differences between the two types of vehicles, and explain what you can expect to pay for each. We’ll also provide a comparison table that will make it easier for you to decide which type of vehicle is right for you.
Sum Assured: When the Star Union Dai-Ichi Life Jeevan Ashray scheme reaches maturity, the policyholder receives the sum assured. The policyholder’s legal heirs or beneficiaries will receive the assured sum if the policyholder dies while the Star Union Dai-Ichi Life Jeevan Ashray scheme is in effect. The Star Union Dai-Ichi Life Jeevan Ashray Plan guarantees a maximum of Rs. 50 lakh. The essential total guaranteed should continuously be in the products of 1000.
| Minimum sum assured | Rs.200,000 |
| Maximum sum assured | Rs.50 lakh |
Premiums – The premium is the payment made by the policyholder to keep their Star Union Dai-Ichi Life Jeevan Ashray Plan in effect. This insurance plan lets you pay your premiums on a monthly, quarterly, semi-annual, and annual basis.
| Premium payment modes | Monthly (only through SI/ECS), quarterly, semi-annual and annual |
| Premium payment term |
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Plan coverage What the Star Union Dai-Ichi Life Jeevan Ashray scheme covers?
Suicide Exclusion –Considering that the insurance scheme is still in effect, the policyholder’s coverage will be terminated and the nominee or legal heir will receive 80% of the premiums, less taxes and any additional premiums, if the insured commits suicide within one year of the Star Union Dai-Ichi Life Jeevan Ashray Plan’s inception. The policyholder’s cover will be terminated and the nominee or legal heir will receive the higher of the guaranteed surrender value or the special surrender value, or 80% of the premiums, in the event that the insured commits suicide within one year of the Star Union Dai-Ichi Life Jeevan Ashray Scheme’s revival or reinstatement date.
| Maturity Benefit | The insured will receive the Guaranteed Maturity Benefit if the policyholder survives until the Star Union Dai-Ichi Life Jeevan Ashray Plan’s maturity date and has paid all scheme premiums. The benefits that are available are as follows:
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| Death Benefit | The beneficiary or nominee of the insured is entitled to the death benefit in the event of the insured’s death while the policy is in effect.The benefit in question is the highest of:
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| Surrender Benefit | The higher of the special surrender value or the guaranteed surrender value is paid out if the policyholder surrenders it. The policyholder’s participation in the Star Union Dai-Ichi Life Jeevan Ashray scheme will be terminated once they have received this benefit. |
Other key Features
| Free Look Period | The Star Union Dai-Ichi Life Jeevan Ashray Scheme offers a 15-day free look period. The policyholder has the option of returning the policy to the insurer if they are unhappy with the plan. The premiums will be refunded by the insurer, minus any costs like stamp duty, medical exam fees, etc. The policyholder should give the dropping letter expressing his/her complaints about the arrangement. A 30-day free look period is available for policies purchased through distance marketing. |
| Grace Period | A grace period of thirty days can be used by the policyholder in the event that they miss a premium payment date. This is true for the quarterly, semiannual, and annual modes. In the event of month to month premium installment modes, the policyholder can profit an effortlessness time of 15 days. After making necessary deductions for unpaid premiums, the death benefit will be paid to the nominee in the event that the policyholder passes away during the grace period. |
| Policy Loan | A grace period of thirty days can be used by the policyholder in the event that they miss a premium payment date. This is true for the quarterly, semiannual, and annual modes. In the event of month to month premium installment modes, the policyholder can profit an effortlessness time of 15 days. |
Why you should buy the Star Union Dai-Ichi Life Jeevan Ashray scheme from Star Union Dai-Ichi Life Insurance Company?
The Star Union Dai-Ichi Life Jeevan Ashray scheme is a great way to protect yourself and your loved ones. It offers a range of benefits, including death cover, income protection, and health cover. Plus, the scheme is backed by a wide range of insurance policies, so you’re guaranteed to find the right one for you. So why wait? Sign up today and start enjoying the many benefits of the Star Union Dai-Ichi Life Jeevan Ashray scheme!
In India, Star Union Dai-Ichi Life Jeevan Ashray scheme is one of the most prominent providers of insurance solutions. This company’s insurance solutions feature a great deal of creativity and adaptability. The Star Union Dai-Ichi Life Jeevan Ashray regularly saves the policyholder’s hard-earned money so they can have financial security for themselves and their families and peace of mind. The plan aims to provide the insured’s family with comprehensive financial protection and to assist the policyholder in growing their funds.
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