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Plan Option |
Life |
Life Plus |
Life Income |
|
Entry Age (Years) |
Minimum |
18 |
18 |
20 |
Maximum |
65 |
65 |
60 |
|
Maturity Age (Years) |
Minimum |
23 |
28 |
65 |
Maximum |
100 |
100 |
100 |
|
Premium Paying Term (Years) |
Minimum |
• Single Pay • Limited Pay/ Regular Pay – 5 • Regular Pay - 5 |
• Single Pay • Limited Pay - 5, 10, 12 • Regular Pay - 10 |
• 5 to 15 • Pay till age 60 |
Maximum |
• Single Pay • Limited Pay - Benefit Option Term - 1 • Regular Pay - Same as Benefit Option Term |
• Single Pay • Limited Pay - 5, 10, 12 • Regular Pay - 82 |
• 5 to 15 • Pay till age 60 |
|
|
(Policy Term in Years) |
Minimum |
10 |
• Single Pay - 10 |
10 (Subject to maturity age of at least 65 years) |
Maximum |
82 |
• Single Pay - 82 |
80 (Sub to maximum maturity age of 100 years) |
|
Life Cover Amount (Base Sum Assured in Rs) |
Minimum |
50 lakhs |
50 lakhs |
50 lakhs |
Maximum |
No Limit (Subject to Board approved underwriting policy (BAUP)) |
No Limit
(Subject to Board approved underwriting policy (BAUP)) |
No Limit
(Subject to Board approved underwriting policy (BAUP)) |
|
Premium Payment Mode |
Annual Semi-annual Quarterly Monthly |
Annual |
Annual |
|
Death Benefit |
Lump sum life cover paid to the claimant on death of the Life Assured |
Lump sum life cover paid to the claimant on death of the Life Assured |
Lump sum life cover paid to the claimant on death of the Life Assured |
|
Option To Cover till Age Of 100 (Whole Life Coverage) ^
|
Yes |
Yes |
Yes |
|
Return of Premium Amount** |
No |
105% of total base plan premiums paid to you (excl. loading, taxes & discount) returned on survival |
No |
|
Life stage option - Increase Life Cover at Important Milestones* such as Marriage or Childbirth |
Systematic cover increase option available (Life Stage Option) |
Systematic cover increase option available (Life Stage Option) |
No |
|
Terminal Illness Cover (Payor Accelerator Benefit) |
50% of the base sum assured paid on terminal Illness and the remaining amount paid to the nominee on death of the Life Assured |
50% of the base sum assured paid on terminal Illness and the remaining amount paid to the nominee on death of the Life Assured |
Payor Accelerator Benefit –On terminal Illness 50% of the base SA paid |
|



