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Plan No. 717
An Endowment plan with a one-time investment that serves the dual purpose of savings and protection, ideal for educational or marriage needs.
One-time investment relieves the financial stress of paying premiums throughout the policy term and eliminates the risk of policy lapsation due to non-payment.
During the policy term, secure your loved ones with life cover equal to Basic Sum Assured + Bonus + FAB (as applicable).
Upon term completion, the policyholder receives maturity benefit including Basic Sum Assured + Bonus + FAB (as applicable).
This plan offers flexibility to take Maturity or Death Benefit in easy installments of 5, 10, or 15 years as per your needs.
In case of any financial emergency, liquidity needs are taken care of through Surrender and Loan facility.
Enhanced risk cover benefits by opting additional riders such as AB Rider and Term Rider by paying a one-time extra premium.
Avail tax benefits under Section 80C against every premium paid and receive tax-free maturity amount under Section 10(10D).
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