This is a comprehensive individual life insurance savings and protection plan that offers guaranteed monthly income as per customer’s needs and lump-sum benefit amount upon maturity.
Features and Benefits:
It offers guaranteed monthly income benefit for a fixed time period including 10, 20 or 30 years, immediately after completion of premium payment term
A lump sum benefit amount of accrued compound reversionary bonuses and terminal bonus is paid to the policyholder upon the policy’s maturity date.
The flexibility to choose from a combination of 15 variants of premium payment and policy term.
Eligibility Criteria:
Criteria
Minimum
Maximum
Entry Age
18 years
55 years
Maturity Age
–
66 to 90 years
Premium Payment Term
6 years, 8 years, 10 years, 12 years or 15 years
Premium Payment Mode
Annual, Semi-Annual, Quarterly, Monthly
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