Minimum 8 years
Maximum 50 years
Minimum 18 Years
Maximum 60 Years
Minimum Rs 15000
Maximum Rs 1 Lakh
Minimum 10 years
Maximum 15 years
Tenure Yearly
Minimum 5 Years
Maximum 10 Years
Enjoy guaranteed benefit irrespective of market conditions
Choose to receive your benefits as a lump sum or as regular income basis your need
Tax benefit may be available on the premiums paid and benefits received as per prevailing tax laws
Flexibility to choose premium payment term and policy term of one’s choice
If you choose the Endowment option at the inception, you will receive a lump sum payout at the end of policy term whereas if you choose the Income option you will receive regular income every year from the end of 6th year till end of the 10th year.
For income option, you will receive Guaranteed Annual Payouts (GAP) on survival of life insured till the end of each policy year, from end of 6th year till end of policy term i.e. 10th year, provided the policy is in force and all due Premiums have been paid to date.
You will receive Maturity sum assured (MSA) on survival of the life insured till maturity. This is defined as a percentage of the total annualized premiums payable and depends on age at entry of the life insured and the premium amount.