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» Home » Information » Product Information » Plan Details
 
 
Plan No. 873
  • It is a Unit-Linked Life Insurance Plan that offers life insurance coverage along with savings throughout the policy term.
  • Provides flexibility to choose investment funds based on risk appetite, including Flexi Growth Fund and Flexi Smart Growth Fund.
  • Guaranteed additions (a percentage of annual premium) are added and converted into units at pre-defined intervals.
  • Life cover is 7 times of annual premium for age above 55 and 10 times for other ages, ensuring financial security throughout the policy term.
  • On maturity, the policyholder receives an amount equal to the fund value of units.
  • Option to choose Double Accidental Death Benefit up to ?1 Crore.
  • Policy can be surrendered after completion of 1 policy year, and partial withdrawals are allowed after 5 years.
  • Avail tax benefits under Section 80C against every premium paid and receive tax-free maturity amount under Section 10(10D).
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