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SUD Life - DHAN SURAKSHA-3
This is a Unit Linked Endowment insurance plan which provides Death benefit when death occurs within the term of the policy, maturity benefit if the policy holder survives the term of the policy. This policy comes with 2 riders which provide cover against accidental death or permanent disability and cover against critical diseases. The premium (after recovering allocation charges, insurance premium etc.), which is the net investment amount will be invested in 4 available fund types viz. equity, bond fund, debt fund, as per choice of the customers
The Plan is useful for creating wealth by way of regular savings (yearly/half-yearly/quarterly/monthly) for a longer period i.e. 10 to 20 years with life cover by way of insurance. Minimum term of the plan is 5 years and maximum 40 years
Benefits :-
- On maturity the accumulated funds will be paid to the policy holder;
- In the event of any untoward incident to the life of the policy holder the accumulated funds in his policy account or sum assured whichever higher will be payable to nominee
SUD DHAN SURAKSHA Premium -3
All the features are similar to SUD Dhan Suraksha 3 Plan except the Benefits as described hereunder:
Benefits :-
- On maturity the accumulated funds will be paid to the policy holder;
- In case of any untoward incident to the life of the policy holder, the accumulated funds in his policy account or sum assured whichever is higher along with additional one sum assured will be payable to nominee.
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