Plan Conditions -
Minimum Age At Entry - | 90 Days (Completed) |
Maximum Age At Entry - | 55 Years (NBD) For PPT -15 Years 50 Years (NBD) For PPT - 20 Years 45 Years (NBD) For PPT - 25 Years 40 Years (NBD) For PPT - 30 Years |
PPT - | 15, 20, 25 and 30 years |
Minimum Age at the end of the PPT - | 30 years (NBD) |
Maximum Age at the end of the PPT - | 70 years (NBD) |
Age at Maturity - | 100 years (NBD) |
Policy Term - | [100 -Age At Entry] years |
Minimum Basic Sum Assured - | ₹ 2,00,000/- |
Maximum Basic Sum Assured - | No Limit |
Mode of Payment - | Yearly, Half Yearly, Quarterly, Monthly (NACH only), SSS |
Basic Sum Assured shall be in multiples of ₹ 25,000/- only
Accidental Death and Disability Benefit Rider -
Minimum Entry Age - | 18 years (Completed) |
Maximum Entry Age - | The cover can be opted for at inception or at any policy anniversary thereafter, provided the outstanding premium paying term under the base plan is at least 5 years. |
Maximum Cover Ceasing Age - | 70 years (NBD) |
Minimum Sum Assured - | ₹ 10,000/- |
Maximum Sum Assured - | ₹ 100 Lakh (Not exceed to the basic sum assured) |
Sum Assured shall be available in multiples of ₹ 10,000/-
Accidental Death Benefit Rider -
Minimum Entry Age - | 18 years (Completed) |
Maximum Entry Age - | The cover can be opted for at inception or at any policy anniversary thereafter, provided the outstanding premium paying term under the base plan is at least 5 years. |
Maximum Cover Ceasing Age - | Age at the end of premium paying term |
Minimum Sum Assured - | ₹ 20,000/- |
Maximum Sum Assured - | ₹ 100 Lakh (Not exceed to the basic sum assured) |
Sum Assured shall be available in multiples of ₹ 5,000/-
New Term Assurance Rider -
Minimum Entry Age - | 18 years (Completed) |
Maximum Entry Age - | 55 years (NBD) for PPT - 15 50 years (NBD) for PPT - 20 45 years (NBD) for PPT - 25 40 years (NBD) for PPT - 30 |
Premium Paying Term - | Same As Base Plan |
Maximum Policy Term - | 35 years |
Maximum Cover Ceasing Age - | 75 years (NBD) |
Minimum Sum Assured - | ₹ 1,00,000/- |
Maximum Sum Assured - | ₹ 25 Lakh (Not exceed to the basic sum assured) |
Sum Assured shall be available in multiples of ₹ 5,000/-
New Critical Illness Benefit Rider -
Minimum Entry Age - | 18 years (Completed) |
Maximum Entry Age - | 55 years (last birthday) for PPT - 15 50 years (last birthday) for PPT - 20 45 years (last birthday) for PPT - 25 40 years (last birthday) for PPT - 30 |
Maximum Cover Ceasing Age - | 75 years (last birthday) |
Maximum Policy Term - | 35 years |
Premium Paying Term - | Same As Base Plan |
Minimum Sum Assured - | ₹ 1,00,000/- |
Maximum Sum Assured - | ₹ 25 Lakh (Not exceed to the basic sum assured) |
Sum Assured shall be available in multiples of ₹ 25,000/-
Premium Waiver Benefit (PWB) Rider – optional if Life Assured age is below 18 Years
Condition for Proposer's Age:-
Minimum Entry Age : 18 Years (completed)
Maximum Entry Age : 55 Years (Nearer Birthday)
Maximum cover ceasing age : 70 Years (Nearest Birthday)
Benefit -
Death Benefit -
On Death before the Commencement of Risk -
An amount equal to the total amount of premiums paid without interest shall be payable
On Death after the Commencement of Risk -
"Sum Assured on Death" and vested simple Reversionary Bonuses and Final Additional Bonus if any shall be payable. Where "Sum Assured on Death" is defined as the highest of -
10 times of annualised premium; or
Sum Assured on Maturity; or
Absolute amount assured to be paid on death, i.e. Basic Sum Assured.
This death benefit shall not be less than 105% of all the premiums paid as on date of death.
Survival Benefit - On the life assured surviving to the end of the premium paying term, provided all due premiums have been paid, a survival benefit equal to 8% of Basic Sum Assured shall be payable each year.
Maturity Benefit - All due premiums have been paid, "Sum Assured on Maturity" along with vested Simple Reversionary Bonuses and Final Additional bonus, if any shall be payable. Where "Sum Assured on Maturity" is equal to Basic Sum Assured.