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Magic Savings Plan
Your Wish
Our Guarantee.- Life Cover
- Flexibility to select plan variants according to your needs
- Choose Income Period and Income Payout Frequency as per your choice
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Young Star Plus Plan
- 125% of Maturity sum assured paid out in the form of Guaranteed Annual Payouts to help fund critical milestones
- Guaranteed additions up to 10% every five years depending on the policy term chosen
- Financial security of the loved one’s in case of an unfortunate event - No future premiums payable and policy continues with planned benefits
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For the select few#ULIP
Platinum Wealth Builder Plan
Save Today. Live #Futurefearless
- Life Protection with Market linked returns
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Golden Years Pension Plan
- Avail 2 plan option to select from – Classic Option or Golden Waiver of Premium option
- Get Early Investment Booster for an early start between age 18-35
- Flexibility to choose premium payment option
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Newly launched#Group
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
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Life Cover
Flexibility to select plan ...
More Features
ELIGIBILITY CRITERIA
Secure your family’s dream
Minimum 0 years (91 Days)
Maximum 60 years
Minimum 18 years
Maximum 79 years
Plan Variants: Mega Lumpsum | Absolute Income | Guaranteed Income with Lumpsum
Premium Paying Term (PPT) and Policy Term (PT)** Combinations (in years)
PPT | 1 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
PT | 10 to 25 | 5 to 25 | 6 to 25 | 7 to 25 | 8 to 25 | 9 to 25 | 10 to 25 | 11 to 25 | 12 to 25 |
Plan Variant: Immediate Income
Premium Paying Term (PPT) and Policy Term (PT)** Combinations (in years)
PPT | 8 | 9 | 10 | 11 | 12 |
PT | 10 to 25 | 10 to 25 | 10 to 25 | 11 to 25 | 12 to 25 |
Plan Variant: Consistent Money back
Premium Paying Term (PPT) and Policy Term (PT)** Combinations (in years)
PPT | 8 | 9 | 10 | 11 | 12 |
PT | 12/ 15/ 18/ 21/ 24 | ||||
Plan Variants: Mega Lumpsum | Absolute Income | Guaranteed Income with Lumpsum
Minimum | Maximum |
For Single Pay - Rs. 75,000/- | No limit (subject to board underwriting policy) |
For other than Single Pay: | |
-Rs. 30,000/- Yearly | |
-Rs. 15,300/- Half-Yearly | |
-Rs.2,700/- Monthly |
Plan Variants: Immediate Income | Consistent Money back
Minimum | Maximum |
Single Pay - Not Applicable | No limit (subject to board underwriting policy) |
For other than Single Pay: | |
-Rs. 50,000/- Yearly | |
-Rs. 25,500/- Half-Yearly | |
-Rs.4,500/- Monthly |
Plan Variants: Mega Lumpsum | Absolute Income | Guaranteed Income with Lumpsum
Minimum | Maximum |
For Single Pay: Rs. 93,750/- | No limit (subject to board underwriting policy) |
For other than Single Pay: | |
(Entry Age >= 50 Years): | |
1. Life Cover Multiple 5: Rs. 1,50,000 | |
2. Life Cover Multiple 10: Rs. 3,00,000 | |
(Entry Age < 50 Years): | |
1. Life Cover Multiple option 7 Rs. 2,10,000 | |
2. Life Cover Multiple 10: Rs. 3,00,000 |
Plan Variants: Immediate Income | Consistent Money back
Minimum | Maximum |
Single Pay: Not Applicable | No limit (subject to board underwriting policy) |
For other than Single Pay: | |
(Entry Age >= 50 Years): | |
1. Life Cover Multiple 5: Rs. 2,50,000 | |
2. Life Cover Multiple 10: Rs. 5,00,000 | |
(Entry Age < 50 Years): | |
1. Life Cover Multiple option 7 Rs. 3,50,000 | |
2. Life Cover Multiple 10: Rs. 5,00,000 |
Mega Lumpsum | Absolute Income | Guaranteed Income with Lumpsum | Immediate Income | Consistency Money back |
Not Applicable | 5, 10, 15, 20, 25 | 6, 9, 12, 15, 18, 21, 24 |
KEY BENEFITS
Why this plan suits your needs
KEY BENEFITS
Why this plan suits your needs
Life Cover
Flexibility to select plan variants according to your needs
Choose Income Period and Income Payout Frequency as per your choice
Guaranteed benefits to save for your future goals
Death benefit through multiple Life Cover Options
Tax benefit may be available on the premiums paid and benefits received, as per prevailing tax laws