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Plan No. 760
It is an Individual cum Savings Whole Life Insurance plan ideally suitable for all age groups, from newborn babies to senior citizens.
Provides financial security to the family in case of unfortunate death of the policyholder during the policy term, with risk cover up to 125% of Basic Sum Assured.
Guaranteed Addition of ?50 per ?1000 of the Basic Sum Assured throughout the policy term.
This plan allows the policyholder to choose from premium payment options such as yearly, half-yearly, quarterly, and monthly through NACH/SSS.
Liquidity through Loan and Surrender is available any time after 1 policy year. Loan can be availed once the policy acquires paid-up value.
On survival till the end of the policy term, receive maturity benefit as Basic Sum Assured + Accrued Guaranteed Additions.
Option to take maturity and death benefits in settlement mode with 5, 10, or 15 years of installments. Death benefit can be enhanced by opting additional riders.
Avail tax benefits under Section 80C against every premium paid and receive tax-free maturity amount under Section 10(10D).
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