Key Features

• The plan is designed to provide financial protection to your family
• We will return your premium! - if all goes well you get back total premium paid
• Be rest assured, as you know the exact amount of benefits right at the inception
• The plan is simple to understand and easy to purchase
• Pay the single premium once or multiple times to increase your cover as per your capacity.

Benefits

• Tax Benefits:

Enjoy tax benefits on the premium you invest under Section 80C of Income Tax Act, 1961. Your family members also get benefits without any applicable Tax, in case of demise of the life assured under Section 10(10) D of Income Tax Act, 1961.

• Death Benefit:

A lump sum amount will be paid to the nominee/ appointee / legal heir in the untimely event of the Life Assured’s demise. The death benefit payable at any point of time shall not be less than 105% of the total premiums paid. In case you have opted for India First Term Rider on inception an additional sum assured, as mentioned above, will also be payable to the Nominee/ Appointee/ Legal Heir. However, the additional death sum assured cannot be more than the sum assured under the Plan

• Maturity Benefit:

The guaranteed sum assured on maturity along with the simple reversionary bonus and terminal bonus, if any is paid at the end of the plan term