Unique Features

Sum Assured available in

• 2 installments of 30% each and one installment of 40% on surviving 4,8 and 12 years in case of 15-year Plan
• 4 Installments of 25% each on surviving 4,8,12 and 15 years in case of 20-Year Plan
• 5 installments of 20% each on surviving 4,8,12,15 and 18 years in case of 25-Year Plan

instead of one lumpsum on completion of the policy term chosen, that can be reinvested elsewhere for additional returns.

Accrued bonus on the full sum assured for the full policy term

• on surviving 15 years in case of 15-year plan,

• 20 years in case of 20-year plan and

• 25 years in case of 25-25 year plan,

provided the policy was in force.

Basic Sum Assured

• on death of the policyholder, should it occur during 0-5 years from the commencement,
  

1.5 times basic Sum assured

• on death of the policyholder, should it occur during 6-10 years,
  

2 times basic Sum assured

• on death of the policyholder, should it occur during 11- 15 years,
  

2.5 times basic Sum assured

• on death of the policyholder, should it occur during 16-20 years in case of 20 and 25 year plan,
  

3 times basic Sum assured

• on death of the policyholder, should it occur during 21-25 years in case of 25 year plan .
  

along with Bonus accrued on the basic sum assured, without any deduction towards the installments already paid,

Accident and Disablement Due to Accident Benefit upto Rs 50 Lakhs but not exceeding the sum insured

• against an extra.
  

Policy loan

• at 9.00% per annum simple interest.

Income-Tax exemption

• on the premium paid under section 80C of the I.T Act within the overall cap of Rs 1 Lakh per annum allowed for savings,

• On the claims received either by way of survival benefits or Maturity claims, whatever be the bonus accrued.

Premium Payment Term

• 12-years against a policy term of 15 years,

• 15-years against a policy term of 20 years and

• 18-years against a policy term of 25 year,

stopping on death of the policyholder, should it occur early.

Available for investment

• by all Resident and Non-Resident Indian Investors in the age group of 14-55/50/45 Years according as the policy term is 15 or 20 or 25 years.

Most ideal

• as an investment in addition to life insurance coverage.