- A combination of Endowment and Whole Life Plan. Provides for a maturity amount after a pre-decided term and a whole life cover thereafter too
- Premiums are payable for a pre-decided term only.
- LIFE COVER: Sum Assured + Bonus + Final Addition Bonus (as applicable) during the predecided term. After that life cover is equal to the sum assured for the rest of life
- MATURITY: Sum Assured + Bonus + Final Addition Bonus (as applicable) will be paid at the end of predecided term.
- WIDE CHOICE OF TERM - can be easily aligned with your family objectives
- LIQUIDITY: You have an option to surrender the policy & receive the cash value after payment of premiums for 3 years. Loan is also available on this policy when it acquires surrender value. Policy can also be surrendered for a cash value after the maturity benefits have been paid. Thus in a way, it provides an option for 2nd maturity value.
- FREE built-in Accident Benefit rider upto Rs. 5 Lacs
- Premiums paid are TAX EXEMPTED u/s 80 C
- Maturity amount is TAX FREE u/s 10 (10) (D)
- Optional Add-on Riders:
- Critical Illness Rider – Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered.
| Eligibility Criteria | ||
|---|---|---|
| Min. | Max. | |
| Age | 18 | 65 |
| Term | 5 | 57 |
| Sum | 1,00,000 | No limit |
| Premium Modes | Yly,Hly,Qly,Mly,SSS | |
| Yearly Premium for 10,00,000 Sum Assured | |||
|---|---|---|---|
| Age | 15 Years | 20 Years | 25 Years |
| 25 | 74158 | 52577 | 39751 |
| 30 | 76292 | 54274 | 41206 |
| 35 | 78959 | 56408 | 43097 |
| 40 | 82209 | 59124 | 45474 |
