This plan is a combination of insurance and investment plan that allow customers to grow their savings systematically while providing life insurance coverage to take care of their family members in case of an unfortunate event.
Features and Benefits:
Guaranteed sum assured amount of 5.5% on maturity as guarantee additions at the end of each year for the first five policy years.
Flexibility to choose from the various premium payment and policy terms.
The death benefit of 110% of guaranteed death amount along with accrued guaranteed additions, is provided life insured dies after 10 policy years.
Eligibility Criteria:
Criteria
Minimum
Maximum
Entry Age
Single Pay: 8 years
Limited/Regular Pay: 0 years
Single Pay: 65 years
Limited Pay: 60 years
Maturity Age
18 years
Single Pay: 75 years
Limited Pay: 80 years
Regular Pay: 65 year
Premium Payment Term
Single Pay, Limited Pay: 5 to 12 years and Regular Pay
Premium Payment Mode
Annual, Semi-Annual, Quarterly, Monthly
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