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Plan No. 833
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  • It is a Single Premium individual cum Savings, Whole Life Insurance plan ideally suitable for all the age groups starting from new born babies to senior citizens.
  • This plan offers the Guaranteed Addition @ Rs. 40 per 1000 Sum Assured during PPT.
  • This plan also offers Survival Benefit in the form of either Regular Income Benefit or Flexi Income Benefit.
  • Under Regular Income Benefit income will be received @ 10% of Sum Assured and under Flexi Option it can be deferred and accumulate @ 5.5% compounding interest.
  • Option to withdraw 75% of accumulated amount once in a year under Flexi Income Benefit option.
  • In case of any financial emergency, this plan also takes care of liquidity needs through Surrender and Loan facility.
  • On Maturity Policy holder will get Sum Assured on Maturity along with Accrued Guaranteed Additions.
  • Sum Assured on Death is defined as Basic Sum Assured OR 1.25 times of Single Premium whichever is higher along with Accrued Guaranteed Additions.
 
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