It is an Unit Linked Insurance Plan that is linked to the share market. It is a combination of Insurance and Investment. It offers different investment options. This plan can be taken for minimum 10 years and maximum for 20 years. Partial withdrawal is possible from 6th year onwards. This plan comes with DAB Rider.
Different Investment Options
Get the flexibility of investment by exercising desired investment option from various available options. Freedom to choose investment plan according to your risk appetizer.
Combination of Investment and Insurance
This plan offers benefits of both - Investment and Insurance. Having flexibility to choose your investment style offers keeps your money in safe hands upto desired extent. Get risk cover upto 10 times of the investment.
Unlimited Switching Facility
Switch between different investment options is easy and unlimited in this plan. Secure your money according to market conditions. Also, enjoy four switches free for every policy year.
Advantages
Avail Tax benefit on premium paid
Tax Free Maturity Amount
Tension Free Claim Settlement
Conditions
| Minimum | Maximum | ||
|---|---|---|---|
| Entry Age | 90 days completed | 50 years (Nearer birthday) | |
| Policy Term | 10 years | 20 years | |
| Term | 25 years | ||
| PPT | Same as Policy Term | ||
| Maturity age | 18 years Completed | 60 years nearest birthday | |
| Premium | Mode | Amount | No limit |
| Yearly | ₹ 20,000/- | ||
| Half-Yearly | ₹ 13,000/- | ||
| Quarterly | ₹ 8,000/- | ||
| Monthly (ECS) | ₹ 3,000/- | ||
| Premium Paying Modes | Yearly, Half Yearly, Quarterly, Monthly ECS | ||
| Investment Fund Types | Bond, Secured, Balanced, Growth | ||
| Annualized Premiums shall be payable in multiple of ₹ 1,000/- for all modes other than ECS monthly. For monthly (ECS), the premium shall be in multiples of ₹ 250/- | |||
| Basic Sum Assured - (10* Annualized Premium) or (105% of the total premiums paid), whichever is higher. | |||
For Linked Accident Benefit Rider
Minimum Entry Age :18 years completed
Maximum Entry Age :55 years nearest birthday
Maximum Maturity Age : 60 years nearest birthday
Minimum Accident Benefit Sum Assured :₹ 10,000/-
Maximum Accident Benefit Sum Assured :10 times of Annualized Premium subject to the maximum aggregate limit of Accident Benefit Sum Assured as ₹ 100 lakhs of Accident Benefit Sum Assured