“Mahalaxmi Dhandhanya Beema” is a with-profit (participating) Anticipated Endowment Policy. The policy provides Sum Assured plus vested bonus on death of the life assured during the policy term, a fixed percentage of Sum assured as survival benefit in form structured payments, and a maturity benefit on survival of the policyholder till the end of the policy term. This product shares the profits of the company during the policy term if surplus arises after actuarial valuation, by allocation in the form of simple reversionary bonus. The product offers two policy terms: 15 years and 20 years.
Mahalaxmi Dhandhanya Beema
First Policy Issued Date: