Features
Eligibility
Entry Age (age last birthday) | : | 18 years – 55 years ( For Premium Paying Term of 10 years) 18 years – 53 years (For Premium Paying Term of 12 years) (subject to maximum maturity age of 80 years ) |
Premium Paying Term (PPT) | : | 10 | 12 years |
Deferment Period (DP) | : | Deferment Period shall start after the completion of PPT 0 | 5 | 10 years |
Income Benefit Period (IBP) | : | Income Benefit Period shall start after the completion of Deferment Period 10 |15 | 20 years |
Income Benefit Option | : | Level | Increasing |
Policy Term | : | Minimum – 20 years |Maximum – 37 years Policy Term = Premium Payment Term + Deferment Period + Income Benefit Period |
Minimum Sum Assured | : | Rs. 400,000* |
Premium Frequency | : | Annual, Semi-annual, Quarterly & Monthly |
* For entry ages between 51 to 55 years the minimum Sum Assured will be Rs. 600,000.