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Guaranteed benefits
Flexibility
Protection2
Tax3 benefit
Guaranteed benefits
Flexibility
Protection2
Tax3 benefit
Guaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity.
Guaranteed Maturity Benefit (GMB) will be set at policy inception and will depend on policy term, premium, premium payment term, age and gender.
Life Cover is the benefit payable on death of the life assured.
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Tax benefits under the policy will be as per the applicable Income Tax laws. We recommend that you seek professional advice for applicability of tax benefit on premiums paid and benefits received. Goods & Services tax and applicable cesses, if any will be charged extra as per applicable rates. The tax laws are subject to amendments from time to time
^ Guaranteed Additions (GAs) rate will be 9% for policy term of 10 years, 10% for policy term of 12/15 years and 11% for policy term of 16/20 years. GAs will be added to the policy at the end of every policy year if all due premiums have been paid. Each GA will be calculated as GA rate multiplied by the total premiums paid till date (excluding extra mortality premiums, Goods & Services Tax and Cess (if any)).Read Less