Description: BSLI Saral Jeevan plan is a simplified buying policy, which provides dual benefits of protection & investment. You have to agree three medical statements and get an immediate cover. You are not required to undergo any medical examinations.
Features:

Eligibility
Minimum Entry Age: 18 years
Maximum Entry Age: 55 years
Maximum Maturity Age: 65 years

Policy Term
There are three options for policy terms, which are 10years, 15years & 20years.
You have another option to take multiple covers in single policy only. The number of minimum covers you can take are 6,9 and 12for a policy term of 10,15 and 20 years respectively. Maximum 100 covers you can take in this policy.

Premium
Premium should be payable through out policy term. You can pay the premium amount annually, half yearly, quarterly and monthly (ECS & Salary deduction only).
Fund Options

You have 8 options to choose your investment funds, which are Assure, Protector, Enhancer, Builder, creator, Magnifier, Maxi miser & Multiplier.
There are unlimited numbers of free switches available.

At Maturity

You will get the fund value at maturity. But in any case of demise of the policy holder the nominee would get sum assured plus the fund value.
Benefits:

· It’s a simplified buying policy.

· Tax benefits are available under section 80C and section 10D.

· You can choose your mode of premium payment like annually, semi annually, quarterly and monthly also.

· Nominee would get Sum assured plus fund value in case of unfortunate death of policyholder.

· After three years unlimited partial withdrawals from the fund value are available and also there are no surrender charges for surrendering the policy after 3 years.