Star Union Dai-Chi Life Assured Term Plan

SUD Life has recently launched its Assured Term Plan that offers comprehensive cover to its customers and financial security to the family. The plan pays the selected death benefit to the family in case of the policyholder’s untimely death during the policy term. The SUD Assured Term Plan provides special exit value, discount on premiums, and insta payment on claim intimations.

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12.02 Crore Registered Consumer

5.9 Crore Policies Sold

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₹1 Crore Life cover starting from ⁺

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Key Features of SUD Assured Term Plan

This term insurance from SUD Life insurance company has the following key features:

Financial protection for family in the form of death benefit payable on the policyholder’s untimely death.
The special exit value offers a period of 1 year to exit the policy and is available only for limited pay policies.
You can extend the grace period to 30 days for monthly mode and 90 days for the other premium pay modes.
On claim intimation, within 1 day minimum of 5 Lacs or 10% of the sum assured will be paid to the nominee.
Female and salaried customers can get discounts on their premiums for additional savings.

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day⁺

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day⁺

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day⁺

Benefits of Star Union Dai-chi Life Assured Term Plan

This Star Union Dai-chi term insurance plan offers the following benefits:

Death Benefits

The plan pays the selected death benefit in case of the policyholder’s untimely death during the policy term.

Special Exit Value

This option is available only for limited pay policies and the benefit is available after the policyholder turns 60 years of age. To avail this benefit, the policy term should be of minimum 35 years, the minimum maturity age should be at least 65 years, and the window during which the policyholder can exit would be of 1 year when he/she turns 60.

Extension of Grace Period

The plan offers the benefit of extending the grace period for monthly payments to 30 days and for other payment modes to 90 days.

Insta Payment on Claim Intimation

In case of the policyholder’s death after the end of the first 3 policy years from the date of purchase/revival, the insurer will pay a minimum of 5 Lacs or 10% of the sum assured within 1 day of claim request.

Discounts

Female customers can get a 10% discount on all the premiums.
Salaried policyholders can receive a 5% discount on first-year premiums.

Tax Benefits

You can claim term insurance tax benefits as per the prevailing tax laws under sections 80C and 10(10D) of the Income Tax Act, 1961.

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%^#

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Eligibility Conditions of the SUD Life Assured Term Plan

Here are the eligibility criteria you need to qualify to purchase the Star Union Dai-chi Life Assured Term Plan:

Parameters	Minimum	Maximum
Entry Age	18 years	50 years
Maturity Age	28 years	70 years
Sum Assured	25 Lacs	As per BAUP (Restricted to 2 crore)
Policy Term	10 years	40 years
Premium Payment Term	Regular and Limited Pay (7, 10, 15, 20 years)

* You can use a term insurance calculator to check the premiums applicable for your profile.

Documents Required to Buy SUD Life Assured Term Plan

The documents required to buy term insurance are as follows:

Form 16 of the last 3 years
Last 6 months’ salary slips
ITR with CoI of the last 3 years
Audited P/L of the last 3 years with shareholding of the Life Assured.
Form 26 AS of the past 3 years

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˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance 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

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. ₹361/month is the starting price for a ₹1 crore loan cover with an 8% interest rate for an 18-year-old male, non-smoker, with no pre-existing diseases, loan tenure up to 20 years, rounded off to the nearest 10

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

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