This plan is specially designed for Youngsters who want to take Term Insurance in Initial Stages of Life.
It is a Non-Par, Non-Linked, Life, Individual, Pure Risk Plan, which provides financial protection to the insured’s family in case of his/her unfortunate death during the Policy Term. This is a Non-Par product under which benefits payable on death are guaranteed.
This plan is specially designed for Youngsters who want to take Term Insurance in Initial Stages of Life.
Eligibility Criteria:
Minimum | Maximum | |
Age at Entry | 18 Year (Last Birthday) | 45 Years (Last Birthday) |
Sum Assured | 50,00,000 | 5,00,00,000 |
Death Benefit:
Under Regular Premium / Limited Premium
7 Times of Annualised Premium or 105% of Total Premiums Paid upto the date of Death or Absolute Amount assured to be paid on death.
Under Single Premium
125% of Single Premium or Absolute Amount to be paid on death