Different Investment Options

Get the flexibility of investment by exercising desired investment option from various available options. Freedom to choose investment plan according to your risk appetizer.

 

Combination of Investment and Insurance

This plan offers benefits of both - Investment and Insurance. Having flexibility to choose your investment style offers keeps your money in safe hands upto desired extent.

 

Unlimited Switching Facility

Switch between different investment options is easy and unlimited in this plan. Secure your money according to market conditions. Also, enjoy four switches free for every policy year.

 

Advantages

Avail Tax benefit on premium paid

Tax Free Maturity Amount

Tension Free Claim Settlement

 

Minimum

Maximum

Entry Age

90 days completed

65 years (Nearer birthday)

Policy Term

10 years

25 years

PPT

Same as Policy Term

Maturity age

18 years Completed

85 years nearest birthday

Premium

Mode

Amount

No limit

Yearly

Rs. 40,000

Half-Yearly

Rs. 22,000

Quarterly

Rs. 12,000

Monthly (NACH)

Rs. 4,000

Premium Paying Modes

Yearly, Half Yearly, Quarterly, Monthly NACH

Investment Fund Types

Bond, Secured, Balanced, Growth

Annualized Premiums shall be payable in multiple of Rs. 1,000 for all modes.

Basic Sum Assured - (10* Annualized Premium), if Age is below 55 Years or ((7* Annualized Premium), if Age is above 55 Years.

 

For Linked Accident Benefit Rider :

 
Investment of Funds:

Choice of investing premiums in one of the four types of investment funds available. Four Types of Fund are Bond, Secured, Balanced & Growth. Each premium paid, after deduction of Premium Allocation Charge, will purchase units of the Fund type chosen.

FUNDS

G-SEC/govt Guaranteed Securities & Corporate Debt

Short term Money Market Instruments

Investment in Listed Equity Shares

Bond

Not less than 60%

Not more than 40%

Nil

Secured

Not less than 45%

Not more than 85%

Not more than 40%

Not less than 15% Not more than 55%

Balanced

Not less than 30%

Not more than 70%

Not more than 40%

Not less than 30% Not more than 70%

Growth

Not less than 20%

Not more than 60%

Not more than 40%

Not less than 40% Not more than 80%

 

Benefit :

Death Benefit :

On death Before the Date of Commencement of Risk: An amount equal to the Policyholder's Fund Value shall be payable

On death After the Date of Commencement of Risk: An amount equal to the higher of Basic Sum Assured or Policyholder's Fund Value shall be payable. Where, Basic Sum Assured is (10* Annualized Premium) or (7* Annualized Premium) as per Option Chosen

Accidental Death: Linked Accident Benefit Rider If this benefit is opted for, an additional amount equal to Accident Benefit Sum Assured is payable on death due to accident, provided the rider is inforce at the time of accident.

Maturity Benefit :- An Amount equal to Fund Value as on Date of Maturity is payable in a lump sum.

Guaranteed Additions :- Guaranteed Additions as a percentage of annualized Premium will be added in Policy after completion of duration in form of unit.

EndofPolicyYear

GuaranteedAdditions

6

5%

10

10%

15

15%

20

20%

25

25%


Optional Benefits:

  1. Linked Accidental Death Benefit Rider

 

  1. Partial Withdrawal

 

Percent of Unit Fund

6th to 10th

20 %

11th to 15th

25 %

16th to 20th

30 %

21st to 25th

35 %

 

  1. Switching
  1. Settlement Option