Often people do not take an insurance plan because they think the premium will be high. But the special thing about this scheme is that it fits in the general budget. Suppose a person is 35 years old and he takes this policy for a term of 35 years with a sum assured of Rs 5 lakh.

• Annual premium: Around Rs 16,300
• That means around Rs 1400 per month
• Around Rs 45-46 per day

In total, around Rs 5.70 lakh will be accumulated in 35 years. Based on current bonus rates, one can get around Rs 25 lakh on maturity.

These include:

• Rs 5 lakh basic sum assured
• About Rs 8.60 lakh vested simple revisionary bonus
• Final additional bonus around Rs 11.50 lakh

Keep in mind, bonus rates may change from time to time and this estimate is based on current trends.