Depending upon your need, you can select your plan option (any ONE) from the following available options under this product.
Guaranteed Sum Assured
PLUS Guaranteed Loyalty Addition
PLUS accrued Annual Bonuses, if any
PLUS Final Bonus, if any
Higher of:
If the optional Premium Protection Benefit is chosen, the policy will pay following benefits: Higher of:
All future premiums payable thereafter will be waived off and the Policy continues till the end of the Policy Term with all future benefits intact.
High Premium Booster
Avail higher Guaranteed Sum Assured for higher premium. Guaranteed Sum Assured will increase by applicable High Premium Booster percentage. High Premium Booster percentage varies by Plan Option, Premium Protection Benefit (PPB) opted or not, Policy Term and Premium Payment Term.
Loan Facility
To meet any contingent need, you may avail the loan facility in this plan, once the policy acquires a Surrender Value.
Tax Benefit
You may be entitled for tax benefits in accordance with the provision of Income Tax Act, 1961 as amended from time to time. Please consult your independent tax advisor for tax related queries.
Parameters |
Minimum |
Maximum |
||||||||||||||||
Without Premium |
With Premium |
Without Premium |
With Premium |
|||||||||||||||
Entry Age as on Last |
0 |
18 |
60 for annual mode/ |
50 for annual mode/ |
||||||||||||||
Maturity Age as on |
18 |
30 |
75 for annual mode/ |
70 |
||||||||||||||
Premium Payment Term (PPT) &Policy Term (PT)( years) |
|
|||||||||||||||||
Premium |
|
No limit (Subject to Board Approved |
At the end of policy term, you will get:
100% Guaranteed Sum Assured PLUS accrued Annual Bonuses, if any PLUS Final Bonus, if any PLUS Balance under Deferred Survival Benefit facility, if any.
Higher of:
PLUS Balance under Deferred Survival Benefit facility , if any
However, if the optional Premium Protection Benefit is chosen, the policy will pay following benefits: Higher of:
PLUS Balance under Deferred Survival Benefit facility, if any
PLUS all future premiums payable will get waived and the Policy will continue till the end of the Policy
Term with all future benefits intact.
Deferred Survival Benefit Facility
At policy inception or anytime during policy term, you can choose to not avail the survival benefits and put the money under Deferred Survival Benefit facility. Your money will not be kept idle and shall grow at a non-participating accumulation rate.
High Premium Booster
Avail higher Guaranteed Sum Assured for higher premium. Guaranteed Sum Assured will increase by applicable High Premium Booster percentage. High Premium Booster percentage varies by Plan Option, Premium Protection Benefit (PPB) opted or not, Policy Term and Premium Payment Term.
Loan Facility
To meet any contingent need, you may avail the loan facility in this plan, once the policy acquires a Surrender Value.
Tax Benefit
You may be entitled for tax benefits in accordance with the provision of Income Tax Act, 1961 as amended from time to time. Please consult your independent tax advisor for tax related queries.
Parameters |
Minimum |
Maximum |
||||||||||||||||
Without Premium |
With Premium |
Without Premium |
With Premium |
|||||||||||||||
Entry Age as on Last |
0 |
18 |
55 for annual mode/ 45 for non-annual modes |
50 for annual mode/ 40 for non-annual modes |
||||||||||||||
Maturity Age as on |
18 |
30 |
70 |
|||||||||||||||
Premium Payment Term (PPT) &Policy Term (PT)( years) |
|
|||||||||||||||||
Premium (in Rupees) |
|
No limit (Subject to Board Approved |
At the end of policy term, you will get:
Guaranteed Sum Assured PLUS Final Bonus, if any PLUS Balance under Deferred Survival Benefit facility, if any.
Higher of:
PLUS Balance under Deferred Survival Benefit facility, if any.
However, if Life Assured dies after attainment of Milestone Age, following will be paid:
Higher of:
PLUS Balance under Deferred Survival Benefit facility, if any.
On payment of this benefit, the policy will terminate and all further coverage or benefits cease to exist thereafter.
Deferred Survival Benefit Facility
At policy inception or anytime during policy term, you can choose to not avail the survival benefits and put the money under Deferred Survival Benefit facility. Your money will not be kept idle and shall grow at a non-participating accumulation rate.
High Premium Booster
Avail higher Guaranteed Sum Assured for higher premium. Guaranteed Sum Assured will increase by applicable High Premium Booster percentage. High Premium Booster percentage varies by Plan Option, Premium Protection Benefit (PPB) opted or not, Policy Term and Premium Payment Term.
Loan Facility
To meet any contingent need, you may avail the loan facility in this plan, once the policy acquires a Surrender Value.
Tax Benefit
You may be entitled for tax benefits in accordance with the provision of Income Tax Act, 1961 as amended from time to time. Please consult your independent tax advisor for tax related queries.
Parameters |
Minimum |
Maximum |
||||||||
Entry Age as on last birthday (years) |
18 |
55for annual mode/ 45 for non-annual modes |
||||||||
Maturity Age as on last birthday (years) |
100 |
|||||||||
Premium Payment Term (PPT) &Policy Term (PT) (years) |
Minimum policy term is of 45 years. |
|||||||||
Premium (in Rupees) |
|
No limit (Subject to Board Approved |