Benefits
Eligibility
At policy inception, You will have the option to choose from the below mentioned Benefit Options:
Short Term Income
Long Term Income Whole Life Income
The Benefit Option once chosen cannot be changed thereafter.
Short Term Income
| Premium Payment Term | Benefit Payout Period | Policy Term |
| 8 years | 10 years | 18 years |
| 10 years | 10 years | 20 years |
| 12 years | 10 years | 22 years |
| 15 years | 10 years | 25 years |
Long Term Income:
| Premium Payment Term | Benefit Payout Period | Policy Term |
| 8 years | 20 | 25 | 30 years | 28 | 33 | 38 years |
| 10 years | 20 | 25 | 30 years | 30 | 35 | 40 years |
| 12 years | 20 | 25 | 30 years | 32 | 37 | 42 years |
| 15 years | 20 | 25 | 30 years | 35 | 40 | 45 years |
Whole Life Income:
At inception, you have the flexibility to choose coverage till age 85 or age 100 years.
| Premium Payment Term | Benefit Payout Period | Policy Term |
| 8 years | Coverage till Age 85: 85 less (Age at entry + PPT), Coverage till Age 100: 85 less (Age at entry + PPT), | Coverage till Age 85: 85 less Age at Entry Coverage till Age 100: 100 less Age at Entry |
| 10 years | ||
| 12 years | ||
| 15 years |
The Policy Term once chosen at inception cannot be changed thereafter for all Benefit Options
30 days*
* In case the Life Insured is a minor, the Policy will automatically vest once the life insured attains the age of majority. The risk coverage for the minors will start from the policy issue date.
| Short Term Income | Long Term Income | Whole Life Income |
| 60 years | 55 years | 55 years |
| Short Term Income and Long Term Income | Whole Life Income Till Age 100 | Whole Life Income Till Age 85 |
| 85 years | 100 years | 85 years |
No Limit (subject to Board Approved Underwriting Policy)
Annual | Semi-Annual | Quarterly | Monthly