Savings Plans

142N036V04

Star Union Dai-ichi’s Guaranteed Money Back Plan plays an important role when you need interim pay-outs to meet your short-term financial requirements. It gives regular pay-outs after every five years. So, fulfil the desire for that car, an exotic holiday, or a better education for your child. Along with these short-term goals, this plan ensures future financial stability with guaranteed lump sum at maturity. Besides, it also secures your family in case of your unfortunate demise and ensures they move ahead with increased savings.

POLICY TERM

• 10 Years
• 15 Years
• 20 Years

SUM ASSURED

• Minimum 3L
• Maximum 10Crs

BENEFITS

• Guaranteed money back of 200% of annualized premiums every 5 years.
• Fund-growth with guaranteed additions of up to 6% of annualized premium every year
• Guaranteed lump sum at the end of policy term
• Financial support to the family in case of your unfortunate demise
• Maturity Benefit - Sum Assured + the accrued guaranteed additions till date - Survival Benefits, which have been already paid
• Death Benefit - Sum Assured + guaranteed additions accrued till death

142N056V01 - Individual Non-Linked Non-Participating Savings Life Insurance Plan

SUD Life - Praptee is a non-Linked non-participating money back protection cum savings life insurance plan that gives increasing money back pay-outs at a regular interval of 3 years. It helps you as you keep with your growing lifestyle needs.

POLICY TERM

• PPT – 6 to 10 Years
• Policy Term – 12 to 18 Years

SUM ASSURED

• Minimum 2.5L
• Maximum 100Crs

BENEFITS

• Product will help you keep pace with your growing lifestyle needs
• Money back benefits as a percentage of basic sum assured to be paid at regular intervals
• Choice of 3 different premium payment terms – 6, 8 & 10 years

142N054V03 - Individual Non-Linked Non-Participating Savings Life Insurance Plan

SUD Life AADARSH is a limited premium non-linked non-participating endowment life insurance plan. It offers you the benefits of your savings. It provides a guaranteed maturity benefit with a short premium paying term and protects you with an inbuilt additional accidental death benefit.

POLICY TERM

• PPT – 5 Years (Fixed)
• Policy Term – 10 Years (Fixed)

SUM ASSURED

• Minimum 50,000
• Maximum 25L

BENEFITS

• In case of death due to accident, benefit equal to twice the death sum assured is payable to nominee of the life assured
• Provides a life cover for 10 years with a fixed premium payment term of 5 years
• Income tax rebate u/s 80C and 10(10D) of Income tax Act, 1961. Tax benefits are as per the prevailing tax laws and subject to change from time to time.

142N050V01 - Individual Non-Linked Deferred Participating Savings Life Insurance Plan

SUD Life AAYUSHMAAN is a non-linked deferred participating plan that pays lump sum benefits and provides lifelong financial protection. Guaranteed additions and bonuses ensure that the benefits grow over time. This plan makes sure you don’t have to compromise on your aspirations. Providing your child with the best education, building your dream house, or retiring comfortably – all these desires can be fulfilled with the help of this plan. It takes care of your family’s financial needs even in your absence.

POLICY TERM

• Minimum 15 Years
• Maximum 30 Years

SUM ASSURED

• Minimum 1.5L
• Maximum 100Crs

BENEFITS

• Lifelong Protection
• Lump sum benefit on survival at the end of policy term
• Guaranteed additions and bonus
• Riders for additional financial protection
• On survival till the end of the Policy Term, you will receive the Maturity benefit # subject to conditions stipulated therein,
• After payment of Maturity Benefit, an extended life covers equal to Basic Sum Assured will be provided for the remaining lifetime

142N057V01 - Individual Non-Linked Deferred Participating Savings Life Insurance Plan

SUD Life Samriddhi is a non-linked deferred participating endowment life insurance plan to build your savings and boost them with guaranteed additions and bonuses to offer financial protection for your family. This plan also has an additional financial protection through inbuilt accidental death benefit.

POLICY TERM

• PPT – 10 and 15 Years
• Policy Term 15 to 27 Years

SUM ASSURED

• Minimum 3L
• Maximum 1Crs

BENEFITS

• Maturity benefit consisting of basic sum assured along with accrued guaranteed additions, accrued reversionary bonuses and terminal bonus, if declared’.
• Enhances life cover insurance with inbuilt accidental death benefit in case of death due to accident.
• Sum assured on death is payable in case of an unfortunate event

142N076V01 - Individual Non-Linked Deferred Participating Savings Life Insurance Plan

SUD Life Akshay is Individual Non-Linked Deferred Participating Savings Life Insurance Plan that gives you regular income and long-term insurance protection. This plan ensures that you keep receiving periodic survival benefits along with bonuses, if declared and in case of any unfortunate event, ensure financial security for your loved ones. Bonuses includes cash bonus, compound reversionary bonus and terminal bonus, which will help you to accumulate a corpus for the years to come

ENTRY AGE

• Minimum Entry Age 25 Years
• Maximum Entry Age 50 Years

MATURITY AGE

• Maximum 95 Years

BENEFITS

• Guaranteed cashback – Enjoy guaranteed yearly cashback from 16th policy year
• Cash benefit – Receive yearly cash bonus* from the 16th policy year subject to conditions stipulated therein
• Extended Life Cover – Enjoy coverage up to 95 years of age
• Maturity Benefit – Receive bonus# and assured lump sum amount on maturity, subject to conditions stipulated therein
• Avail tax benefits** subject to conditions stipulated therein

142N058V03 - Individual Non-Linked Non-Participating Savings Life Insurance Plan

POS – SUD Life Sanchay is a point of sale Regular Premium Non-Linked Non-Participating Endowment Life Insurance Plan that helps in generating supplementary source of income for you and your loved ones.

POLICY TERM

• Fixed Premium Paying Term 10 Years
• Fixed Premium Term 10 Years

SUM ASSURED

• Minimum 96,000
• Maximum 24 L

BENEFITS

• A life cover with hassle- free issuance
• No medical tests required for buying the policy
• Fixed premium payment term of 10 years
• A life cover with hassle- free issuance.
• Receive maturity benefit in 10 equal annual regular instalments of amount equal to 160% of Annualized Premium at the end of each year during the Payout Period