Eligibility Criteria | |
Entry Age | Minimum- 18 years completed Maximum- 60 years |
Maximum Maturity Age | 28 to 70 years of age |
Sum Assured | Rs. 15 lakhs- no Limit |
Policy Term | 10 to 30 years |
Premium Payment Term | Single Pay/ Limited Pay of 5, 10 (for policy term of 20 years and above), 15 (for policy term 25 years and above only)/ Regular Pay |
Premium Payment Mode | Yearly |
When are benefits payable? | What are the benefits? |
On Death of Life Insured | Chosen will be paid to the nominee |
Tax Benefits | Under this plan, the premium payment is eligible for tax benefits as per Section 80C of the Income Tax Act and the policy proceeds are also entitled to the tax exemptions as per Section 10 (10D) of the Income Tax Act. |
Riders |
The plan offers 4 different riders to select from by paying additional premium for a wholesome coverage:
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