Anticipated Endowment Assurance
Gram Sumangal
The rural money-back plan — periodic survival benefits during the term plus the balance and bonus at maturity. Full sum assured on death, undiminished by payouts already made.
Suitable for
Rural policyholders wanting periodic cash returns alongside life cover.
Key features
- 15-year: 20% of SA at years 6, 9, 12; 40% + bonus at 15
- 20-year: 20% of SA at years 8, 12, 16; 40% + bonus at 20
- Full sum assured + bonus on death regardless of payouts made
Important conditions
- Survival payments already made are not set off against the sum assured on death
- Official max SA is ₹10 lakh (ignore third-party ₹50 lakh claims)
Documents required
- Completed proposal form (in capital letters)
- Identity proof (Aadhaar / PAN / Voter ID / Passport)
- Age proof & address proof
- Proof of eligibility (PLI) / rural residence (RPLI)
- Recent passport-size photographs
- Medical examination report where required by age / sum assured
FAQs
When do I get money back (15-year)?
20% at years 6, 9 and 12; 40% + bonus at year 15.
Does death reduce my payout?
No — the full sum assured plus bonus is paid to your nominee.