Star Union Dai-ichi Wealth Builder Insurance policy is a Unit Linked Insurance Plan that combines life insurance cover along with a choice of four funds as investment options. Policyholders earn market returns on their investments and provide financial security for their loved ones for when they are not around.
Guaranteed Tax Savings
Under sec 80C & 10(10D)₹1 Crore
Invest ₹10k Per Month*Zero LTCG Tax
Unlike 10% in Mutual FundsThe Sum Assured under the base plan would be reduced by any partial withdrawals that were made.
|
Minimum |
Maximum |
Entry Age (Last Birthday) for Life Insured |
8 years |
60 years |
Maturity Age (Last Birthday) |
- |
70 years |
Policy Term (PT) in years |
5 years |
30 years |
Premium Paying Term (PPT) in years |
Single |
|
Premium Paying Frequency |
Single |
|
Yearly Premium |
Rs. 1 lakh |
Rs. 1 crore |
Sum Assured Multiple |
Entry age Below 45 then 1.25 x Single Premium 45 to 60 then 1.10 x Single Premium |
Entry age 8 to 30 then 4.0 31 to 35 then 3.0 36 to 45 then 2.0 46 to 50 then 1.75 51 to 55 then 1.50 56 to 60 then 1.20 |
The policyholder has to fill up an ‘Application form ’with identity proof, bank account proof, address proof and a recent photograph. Select cases may require income proof and medical examination.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
*Tax benefit is subject to changes in tax laws
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