This savings plan gives you the cash payments at specified intervals to fund your family’s needs at critical milestones or support your financial obligations. You get the dual benefits of life insurance coverage plus the flexibility of periodic payments.

Key features include:

• 10% of the sum assured is paid on survival on the 3rd /6th /9th /12th /15th and 18th policy anniversaries.
• 40% of the sum assured will be paid on maturity (i.e. on the 21st anniversary of this policy).
• The entire sum assured is distributed to your beneficiaries, irrespective of cash payments already made, in the unfortunate event of your death before the end of the policy’s term.
• A 10% Guaranteed Addition is payable on death or maturity, if the policy has been inforce for 10 years.
• A reversionary and terminal bonus payable on death or maturity. Terminal bonus is available only if policy is in force for more than 10 years.
• Bonuses are paid depending on performance of the company.

Tax Benefits, Riders and Age Eligibility

• Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.*
• Term, Critical Illness, Accident and Disability riders are available for added protection at a nominal extra cost.
• Minimum age to qualify for this product is 30 days. Maximum age limit is 55 years.
• For juveniles only Payor benefit rider is available.