SUD Life International Wealth Creator Plan

Eligibility Criteria for the SUD Life International Wealth Creator Plan

Features of the SUD Life International Wealth Creator Plan

Here are the key features of the SUD Life International Wealth Creator Plan:

• This ULIP provides access to international fund options, helping you diversify your investments globally.
• You can invest additional amounts through the top-up premium option to enhance your overall fund value.
• The plan offers flexibility to switch between funds based on your investment strategy.
• Partial withdrawals are allowed after a specified period, allowing you to access your funds when needed.
• The premium redirection facility allows you to redirect the future premiums to other funds.
• Policy administration fees are also absent, which enhances accumulated returns.
• You can also adjust the policy term and the payment term of the premium based on your financial objectives, depending on the plan.

You can explore more options under Star Union Dai-ichi ULIP Plans to compare similar market-linked insurance plans and choose what suits your goals.

Benefits of the SUD Life International Wealth Creator Plan

The SUD Life International Wealth Creator plan offers both protection and investment benefits. Below are the key benefits of this plan:

• Maturity Benefit: At the end of the policy term, the top-up contributions will be added to the sum value of the funds that you will receive in case of your survival.
• Death Benefit: The death benefit is availed when the life assured dies within the period of the policy to the nominee under the provisions of the policy.
• Investment Flexibility: To suit your risk tolerance and your goal of reaching a financial target, there are numerous international funds to invest in.
• Top-Up Facility: You can add extra investment at any time during the policy to grow your wealth even further.
• Liquidity: Partial withdrawals will enable access to funds in emergencies or for other financial requirements.

Policy Details of the SUD Life International Wealth Creator Plan

Understanding policy terms helps you manage your plan more effectively and make informed decisions.

1. Grace Period

   There is a grace period to make up for missed due premiums without forfeiting the policy benefits, provided the premiums are paid beyond the due date.

2. Revival

   if the policy lapses due to non-payment, it may be revived during the revival period by paying the outstanding premiums.

3. Free Look Period

   You have 15 days (30 days for distance marketing) to review the policy, and you can return it if you are dissatisfied.

   

4. Surrender

   The policy can be surrendered after the expiry of the lock-in period, and the fund value will be paid in accordance with the terms.

5. Fund Switching

   You are free to switch funds to align with changing market trends or financial objectives.

   If you are looking for broader options, you can check different types of investment plans to find a plan that aligns with your financial needs.

Exclusions Under the SUD Life International Wealth Creator Plan

Suicidal Cover

If the life assured dies due to suicide within 12 months from policy start or revival, benefits are payable as per policy terms.