This plan is a combination of Endowment Assurance and Whole Life with profit plan. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the maturity of the policy to the assured in case of his survival.
- Minimum Entry Age : 16 Years
- Maximum Entry Age : 65 Years
- Maximum Maturity Age : 70 Years
- Minimum Maturity Period : 5 Years
- Maximum Maturity period : 25 Years
- Minimum Sum Assured : Rs. 50,000/-
- Maximum Sum Assured : Rs. 1,00,00,000/- (According to Income Source)
- Premium Payment Frequency : Annually, Half Yearly, Quarterly and Monthly
- Age computation : Age next birthday
- Sum Assured plus bonus earned shall be paid on maturity
- Sum Assured plus bonus earned shall be paid to the nominee
- After maturity, Sum Assured shall be provided to the nominee on the death of assured
- Accidental Death Benefit (ADB) up to Rs. 50,00,000.00 in additional Rs. 1.00 per thousand.
- Waiver of Premium (WOP) benefit shall be taken in additional Rs. 2.00 per thousand.
- Paid up and surrender claim shall be provided
- Loan Facility provided.
- Tax exemption as per ITA,2058