Key Features

• Option to choose life cover up to the age of 80 years so that your family has protection over a longer period.
• Option to get benefit as lump sum or as a monthly benefit or both so that it is easier for your family to manage the benefit amount.
• Enhanced protection through addition of accidental death, disability and waiver of premium riders which makes this plan truly comprehensive
• Attractive premiums for higher Sum Assured amounts

Benefits

• Maturity Benefit:

There is no maturity benefit in this plan.

• 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.

• Death Benefit

1) Lump-sum benefit option: Under this option, a lump-sum benefit equal to the sum assured will be paid on death of the life insured and policy will terminate.
2) Income benefit option: Under this option, 1% of sum assured will be paid every month for the next 130 months starting from next monthiversary from the date of death

Am I eligible?

PARAMETER	MINIMUM	MAXIMUM
ENTRY AGE	18 years	60 years
AGE OF MATURITY	-	80 years
SUM ASSURED	Rs.25,00,000	No limit
POLICY TERM	10,15,20,25,30,35,40 and (80 minus entry age)
PREMIUM PAYMENT TERM	Regular Pay
PAYMENT MODES	Annual

What if?

I am unable to pay the premium

• Grace period is of 30 days. The policy will remain in force during the grace period.If any premium remains unpaid at the end of the grace period, the policy shall lapse.

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 want to take a loan

• Loan options are not available for this policy