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Magic Savings Plan
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Our Guarantee.- Life Cover
- Flexibility to select plan variants according to your needs
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- 125% of Maturity sum assured paid out in the form of Guaranteed Annual Payouts to help fund critical milestones
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Group Home Secure
Your Dreams!
Our Assurance.- Life Cover for borrowers of Home Loan, Plot Loan, Loan against property
- Flexibility to choose cover as per your need & flexibility to avail coverage on Top – up loans taken for repair and maintenance
- Floating Interest Rate
- Claims
- Pay Premium
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Life Cover for borrowers of...
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More Features
ELIGIBILITY CRITERIA
Secure your family’s dream
Minimum 10 Members
Maximum No Limit
Minimum
18 years
Maximum
70 years
Minimum 18 years
Maximum 75 years
Minimum Rs. 2,00,000/- per member
Maximum No Limit
Minimum 0 month
Maximum 84 months
Single Pay
Limited Pay – 3 Pay, 5 Pay, 7 Pay and 10 Pay
Regular Pay – Same as cover term
Limited Pay – 3 Pay, 5 Pay, 7 Pay and 10 Pay
Regular Pay – Same as cover term
Single Pay, Yearly, Half-Yearly and Monthly
Minimum
18 years
Maximum
70 years
UIN (135N092V01)
For more details on plan eligibility, please refer to the sales
brochure.
Plan Related Documents
KEY BENEFITS
Why this plan suits your needs
KEY BENEFITS
Why this plan suits your needs
Life Cover for borrowers of Home Loan, Plot Loan, Loan against property
Flexibility to choose cover as per your need & flexibility to avail coverage on Top – up loans taken for repair and maintenance
Floating Interest Rate
Option to get a cover for Single Life, Joint Life and Coborrowers
Option to select Single Pay or Regular Pay
Tax benefit may be available on the premiums paid and benefits received, as per prevailing tax laws