Union Jayamaga

You have every reason to look forward to a happy and contented life free from financial worry. But what if things don't go as planned? Your happy plans for the future could all be but a dream. This is why you need the right kind of insurance an investment that grows year by year leading to an exceptional return at maturity with the bonuses added. So trust in Union Jayamaga that has a solid plan for your future.

Union jayamaga apart from being a prudent investment plan also offers protection for your family, provides double the increased sum assured as insurance payment in case of demise of the policyholder.

Benefit for you


What's special about Union Jayamaga?

Every year, your sum assured increases by 5%, without any increase in your monthly payment. On maturity you get the increased sum assured of the policy along with your bonus. This means, your returns keep increasing. The annual bonus comes as a welcome extra.

Benefits to your loved ones

In case of an unfortunate eventuality befalling the policyholder, Union Jayamaga pays:

• Double the increased sum assured + bonus
• The figure progressively increases each passing year, taking into account the increasing need for protection and savings.

As per the above example, if an unforeseen event occurs at the end of the 10th year of the policy, the beneficiary will receive the following:

Double the increased sum assured and bonus
                                       = 2 x (Rs. 500,000 + Rs. 500,000 x  5% x 10) + Bonus
                                       = Rs. 1,500,000 + Bonus

Unique features of Union Jayamaga

• Flexible term -select a premium paying term from 10 - 30 as you desire.
• Premium depending on your lifestyle-Non-smokers and ladies will receive a special reduced rate on the premium.
• Age of entry - 18-60 years.

For additional benefits which can be obtained along with this policy, refer.. Union Protection Enhancements >>