Investment Plans

Plan starting from ₹1,000/month

Save upto ₹46,800 in Tax under section 80C^{^}

Zero LTCG Tax^¶

In built life cover

Benefits

On maturity, the Sum Assured is payable to the policyholder

On death of the policyholder ,the Sum Assured is payable which should not be less than 125% of the Single Premium if age is less than 45 years or 110% of Single Premium for ages 45 years and above

Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act.

Product Specification:

Minimum

Maximum

Entry Age (Nearest Birthday)

9 years

60 years

Maturity Age (Nearest Birthday)

70 years

Policy Term (PT) in years

Premium Paying Term (PPT) in years

Single Pay

Yearly Premium

Depends on the Sum Assured chosen

Sum Assured

50,000

No limit

Policy Details

Grace Period: the provision of grace period is not applicable under Single Pay Plans

Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy anytime. The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value.

GSV = 70% of Single Premium if surrendered within 3 years or 90% of the Single Premium if surrendered after 3 years

Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim.