Key Features

• Increase in benefit amount every year by bonus accrual
• Choice of Premium Payment Terms to match your fi¬nancial needs.
• The policy will acquire Guaranteed Surrender Value on payment of first 2 years’ annualized premium.
• Choice of Premium Payment Terms to match your fi¬nancial needs.

Benefits

• Maturity Benefit

You will get 135% of the annualized premium you have paid every year (excluding tax) at the end of each year, starting at the end of 6th year till the end of 11th year from the date of the commencement of the policy. This benefit is the Maturity Benefit which will be paid over a period of time. This benefit will only be payable if all the premiums are paid till the end of the Policy Term

• Death Benefit

In case of unfortunate demise of the Life Assured during the Policy Term, the nominee will be paid the Sum Assured under the plan and the policy will terminate. The Death Benefit payable will be subject to a minimum of 105% of the total premiums paid as on the date of death. In case of death while the policy is in Paid-up status, the Death Benefit will be the Paid-up Sum Assured which will be paid after acceptance of death claim

• Tax benefit

The Premium(s) paid by you are eligible for tax benefit available under the provisions of Section(s) 80C, 80 CCC (1), 80D, 10(10D) as applicable.

Am I eligible?

PARAMETER	MINIMUM	MAXIMUM
ENTRY AGE	12 years	50 years
MATURITY AGE	-	56 years last birthday
SUM ASSURED	10 times of Annualized premium
PREMIUM PAYMENT TERM	6 years
POLICY TERM	6 years
PAYMENT MODE	Yearly,Monthly

What if?

I am unable to pay on time

• A grace period is provided based on the payment frequency. The policy is continued if you make the payment within the time period else the policy is lapsed.

I stop the payment

• On the completion of the grace period the policy will get lapsed and the benefits cannot be claimed on the death of the life insured.

I wish to take a loan

• No loan options are available for this policy

Exclusions

Suicide Benefit

• In case of death of the Life Assured due to suicide within 12 months from the date of commencement of risk or from the date of revival of the policy, the nominee or beneficiary shall be entitled to the Fund Value, as available on the date of death. Any charges recovered subsequent to the date of death of the Life Assured shall be paid-back to the nominee or beneficiary along with the death benefit.