Premier Protection Plan from Star Union Dai-ichi Life Insurance Company Limited

Star Union Dai-ichi Life Insurance has launched SUD Life Premier Protection Plan that ensures strong financial protection at an affordable
cost.

Plan Benefits: 

• Death Benefit: Your loved ones’ future is secured, with the sum assured being paid immediately, in case of untimely demise of the life assured. Your policy will be terminated on payment of the death benefit, and no further benefit will be paid 
• You can choose to provide additional protection to your family by opting for SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional 
• Enjoy tax benefit on the premiums paid and benefits received, as per the extant tax laws. 
• You can also enjoy premium rebates if you have opted for a higher sum assured. There is also a special rebate where ECS/SI mode of payment is chosen. 

How does the plan work? 

•   Decide the insurance cover you will need to ensure your family’s financial security, based on the life assured’s current income, future income prospects and outstanding liabilities. This amount will be your Sum Assured. 
•   Depending on how long you wish to have the life insurance cover, you decide on the policy term. 
•    The eligibility criteria are provided below in the ‘Eligibility and limits’ section for your reference. 
•   The premium amount will be based on the sum assured, and policy term chosen by you, as well as the age of the life assured, and the answers provided in the proposal form. In case you have opted for a sum assured of Rs. 50 lakhs and above, the tabular premium rates will be lower. You will get even lower tabular premium rates, for sum assured of Rs. 1 crore and above. The premium rates will depend on the age, higher the age higher the premium. There is also a special rebate for all plans where ECS/SI mode of payment is chosen. 
•   To enjoy the full benefits of your plan, all you have to do is to pay the premiums as per your policy schedule. 

Sample Annual Premiums: