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Service Specifications
Service Description
Policy Document: Plan No. 915
Date of Launch: February 1, 2020.
Age at Entry: 18 to 50 years.
Policy Term: 15 to 35 years.
Basic Sum Assured: ₹1,00,000 and above in multiples of ₹5,000.
Premium Payment Modes: Yearly, Half Yearly, Quarterly, Monthly (NACH and SSS).
Benefits include:
Maturity Benefit: Sum Assured plus bonuses.
Death Benefit: ‘Sum Assured on Death’ which is higher of 1.25 times the basic Sum Assured or 10 times of annualized premium, along with vested bonuses and Final Additional Bonus2.
Life Long Insurance Coverage: After the premium paying term, the plan provides life-long insurance coverage equal to the basic sum assured.
Additional Features:
Riders Available: Accidental Death and Disability rider, Critical Illness Benefit Rider.
Loan Facility: Available after 3 years.
Surrender Value: Can be availed after 3 years of full premium payment.
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