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Plan No. 771
It is an Individual cum Savings Whole Life Insurance plan ideally suitable for all age groups, from newborn babies to senior citizens.
This plan offers Guaranteed Addition of ?40 per ?1000 Sum Assured during PPT.
This plan also offers Survival Benefit in the form of either Regular Income Benefit or Flexi Income Benefit.
Under Regular Income Benefit, income will be received at 10% of Sum Assured, and under Flexi Option it can be deferred and accumulated at 5.5% compounding interest.
Option to withdraw 75% of accumulated amount once in a year under Flexi Income Benefit option.
In case of any financial emergency, this plan also takes care of liquidity needs through Surrender and Loan facility.
Limited Premium Paying Term with PPT ranging from 5 to 16 years, with premium modes as Yearly, Half-Yearly, Quarterly, and Monthly.
Sum Assured on Death is defined as Basic Sum Assured or 7 times of Annual Premium, whichever is higher, along with Accrued Guaranteed Additions.
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