- This investment is best for children. However, it is beneficial to invest at a young age.
- This plan is ideal to invest for higher education
- It is single premium policy where opting for Lumpsum or Installment Benefit both are good. ( Regular and Limited mode applicable.)
- This plan supports short term investment, where you can avail benefits later in life
- Get maturity through installments that help to fill the income gap in future
- Safe haven to park the profits from startups with guaranteed future returns
- Avail lumpsum maturity which helps to augment funds for future needs or business.
- This plan provides financial support to the family in case of unfortunate death of the life assured
- Increasing guaranteed income benefit option that helps to take care of fixed needs cost of which always keep escalating
- Excellent option to invest retirement proceeds like gratuity with guaranteed income benefit OR Lumpsum maturity which is helpful to fulfill old age commitments.
- It is a great alternative for bank deposits and is also the new version of FD with Guaranteed Returns and Life Cover
How Does This Policy Work
Sample illustration
| Eligibility Criteria |
| Minimum Entry Age |
3 years (completed) for policy term of 15 years |
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8 years (completed) for policy term of 10 years |
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13 years (completed) for policy term of 5 years |
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| Maximum Entry Age |
Option A & Option B : 50 Years (nearer birthday) |
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Option C: 65 Years (nearer birthday) |
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Option D: 40 Years (nearer birthday) |
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| Minimum Maturity Age |
18 Years (completed) |
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| Minimum Age at Maturity |
Option A & Option B: 65 Years (nearer birthday) |
<
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Option C: 80 Years (nearer birthday) |
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Option D: 55 Years (nearer birthday) |
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| Policy Term |
Option A & Option B : 10 & 15 Years |
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Option C & Option D: 5,10, & 15 Years |
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| Premium Paying Term (For Regular/ Limited Premium) |
5 & 10 years for 10 Year Policy Term |
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5, 10, & 15 years for 15 year policy Term |
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| Payout Period |
Option A & Option B: Equal to Premium Paying Term |
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Option C & Option D: Equal to Policy Term |
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| Minimum Annualized/ Single Premium |
Option A & Option B: Rs. 30,000 |
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Option C & Option D: Rs. 2,00,000 |
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| Maximum Premium |
No Limit |
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| Minimum Sum Assured on Death |
No Limit |
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