The SUD Life Fortune Plus Plan is a non-linked, participating individual life insurance savings plan that is a combination of protection with the creation of wealth in the long term. It is available as a guaranteed maturity benefit with possible bonuses under Star Union Dai-ichi Traditional Plans. It offers various plans such as Goal Plus, Child Plus, and Retire Plus so that it serves various financial objectives like wealth building, child planning, and retirement income.
| Criteria | Minimum | Maximum |
| Entry Age | 5 years | 55 Years |
| Maturity Age | 20 years | 95 years |
| Policy Term | 15 years | 40 years |
| Premium Payment Term | 7 years | 12 years |
| Minimum Premium | ₹36,000 | No limit |
The eligibility varies slightly across Goal Plus, Child Plus, and Retire Plus options, making it flexible within Star Union Dai-ichi Traditional Plans.
Here are the key features of this savings and protection plan:
All these characteristics make the SUD Life Fortune Plus Plan one of the best investment plans for disciplined long-term savings.
The SUD Life Fortune Plus Plan offers a mix of protection, savings, and income benefits across its three plan options: Goal Plus, Child Plus, and Retire Plus. Each option is designed to meet different financial needs, from wealth creation to child planning and retirement income.
In case of the policyholder’s demise during the policy term, the benefits vary based on the selected plan option:
Additionally, the death benefit is subject to a minimum payout of 105% of the total premiums paid.
At the end of the policy term, the plan provides the following benefits:
This benefit is available only under the Retire Plus option and is designed to provide a steady income stream:
The plan enhances overall returns through different types of bonuses:
These bonuses increase returns under participating Star Union Dai-ichi Traditional Plans.
Here are the key policy details you should know:
A grace period of 30 days is allowed for yearly, half-yearly, and quarterly modes, while 15 days are allowed for the monthly mode.
The policy may be reinstated within 5 years of the initial unpaid premium by paying all dues, including interest.
Within 30 days, policyholders may review the policy and cancel it without deduction if they are not satisfied.
Surrender periods may be made at the end of a policy year, and the amount payable will be the greater of the Guaranteed Surrender Value and the Special Surrender Value.
Loans up to 70% of the surrender value can be availed, subject to terms and applicable interest rates.
Here is the exclusion applicable under this plan:
When death is caused by suicide in the first 12 months, the nominee is entitled to 80% of premiums paid or the value of surrender, whichever is greater.

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
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