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SUD Life Loan Suraksha Plan
UIN- 142N037V01


This is a single premium, reducing group term assurance plan available to borrowers of home loan and all kinds of other retail loans. It provides a life insurance cover which is equal to the amount of loan outstanding at the time of death and is available to both new and existing borrowers.

Key Features

  • Coverage against existing & new loans to ensure that your liabilities are not passed on to your loved ones
  • Decreasing term insurance plan at an affordable premium
  • Avail coverage during moratorium period of your loan
  • Option for coverage of Joint borrowers
  • Income Tax benefits under Sec 80(C) & 10(10D)*
  • Special discount for High Sum Assured and for Joint borrowers

For more details visit www.sudlife.in
Insurance is the subject matter of the solicitation. .*As per the current laws, income tax benefits are available under Section 80C and Section 10(10D) of Income Tax Act, 1961 which are subject to change in tax laws from time to time. For more details on risk factors, terms and conditions please read the sales brochure before concluding the sale. IRDA Registration number of Star Union Dai-ichi Life Insurance Co. Ltd. – 142 (As issued on 14th Feb 2013).Participation by the Bank customers in insurance business shall be purely on a voluntary basis. It is strictly on non-risk participation basis from the Bank. Union Bank is a Corporate Agent of Star Union Daiichi Life Insurance Co. Ltd.IRDA Corporate Agent License number for Union Bank of India – 891295