Product summary
Komal Jeevan is a Children's Money Back Plan that provides financial protection
against death during the term of plan with periodic payments on survival at specified
durations. This plan can be purchased by any of the parent or grand parent for a
child aged 0 to 10 years
Death Benefit
In case of death of the life assured before the commencement of risk, the policy
shall stand cancelled and premiums paid (excluding the Premium for Premium waiver
Benefit ) under the policy will be refunded. However, if death occurs after the
commencement of risk but before the policy matures, the full Sum Assured plus Guaranteed
Additions together with Loyalty Additions, if any, is payable.
Maturity Benefit
The Guaranteed Additions together with Loyalty Additions, if any, is payable in
a lump sum on survival to the end of the policy term.
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