IEPIBS...

one of the leading Insurance broking companies in India offering insurance solutions, offers unparalleled combination of services with extensive in-house expertise

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Business...

We undertake insurance broking business, both in life and non-life segments with a focus on retail and commercial lines of business.

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Locations...

We are headquartered in Chennai and have 9 locations across the country, they are Coimbatore, Karnataka, Pune, Mumbai . . .

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Scholar II
SBI Life - Scholar II has guaranteed benefits which are payable at the regular intervals during the term of the policy.
Key Benefits:
  Twin benefit of saving for your child’s education and securing a bright future despite the uncertainties of life.
  Full risk cover throughout the policy term irrespective of payment of survival benefits installments.
  Option to receive the installments in lump sum at the due date of first installment of Survival benefit.
  Guaranteed payment at regular intervals, when the child attains 18 years of age
  Maturity Benefit : Receiving the Sum Assured in 4 installments: 18 years 25 % of Sum Assured 19 years 25 % of Sum Assured 20 years 25 % of Sum Assured 21 years 25 % of Sum Assured + Vested Bonus
 

Death Benefit : In the event of unfortunate incident of your early death during the term of the plan, your child’s future remains secured in 3 ways:

    25% of Sum Assured is payable in 4 equal installments when the child attains the age 18 years to 21 years.

    The nominee receives the Sum Assured along with the bonus declared until that date immediately after death.
    All future basic premiums need not be paid
  Tax Benefit as per prevailing tax laws
Eligiblity & Condition
Age at Entry (Parent) 18 to 60 years Age at Maturity 70 years
Age at Entry(Child) 0 to 15 years
Policy Term 21 to Childs age at entry Premium Paying Term 18 to Childs age at entry
Premium Payment Frequency

Yearly, Half-Yearly, Quarterly & Monthly
Minimum S.A. for age below 45 years 50000
Minimum S.A. for age 45 years and above 1 Crore
 
 
 
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