Introduction
When it comes to our family, we always want to be double sure. We want to give them the best of everything that life has to offer and strive hard to help them fulfill their dreams. However, it is also important to ensure that your loved ones are secure and financially independent even in your absence.
Key Features
Additional Features
With the choice of Base Sum Assured and Policy Term you can also choose additional features. These will give you additional benefits in case of certain events during your lifetime.
Joint Life Benefit
This unique benefit ensures that life cover for your better half continues even if you are not there. All future premiums for your partner’s cover will be waived off. This option is available if your sum assured is more than 50 lacs. Coverage for partners is limited to 50% of your sum assured (max limit – 50 lakhs). If your partner is a homemaker a 25 lac cover is provided.
Life Stage Protection
Your required life cover increases with increasing responsibilities. Life stage protection option gives you opportunity to buy an additional cover as per the then prevailing age and premium without any medical examination on the following circumstances.
1. On marriage: Equal to 50% of the original cover subject to maximum of Rs. 5,000,000.
2. On first child: Equal to 25% of the original cover subject to maximum of Rs. 2,500,000.
3. On second child: Equal to 25% of the original cover subject to maximum of Rs. 2,500,000.
Benefits
1. Cover your family’s future : Secure your family’s future so that they never have to compromise on their standard of living.
2. Cover your partner, hassle-free : In the same policy, you can cover your partner too. This unique benefit ensures that life cover for your better half continues even when you aren’t there. All future premiums for your partner’s cover will be waived off.
3. Flexibility to increase life cover : As you move through different stages of life, with our life stage protection benefit, you will have the option to increase your life cover without any medical examination.
4. Coverage till the age of 75 : This plan offers coverage till the age of 75 years.
5. Affordable and easy on the pocket : Whatever option you opt for, high costs don’t come in the way of protecting your family’s dreams and expenses.
6. Tax savings : Avail benefit on income tax, under section 80C for your annual premium.
Eligibility
Minimum Age : 18 years
Maximum Age : 65 years
Maturity Age : 75 years
Minimum Sum Assured : 10,00,000
Coverage Period : 10-40 years
Premium Payment Term : Coverage Term
