It is a non linked, with profits, limited premium payment money back life insurance plan specially designed for High Net-worth Individuals.  This plan provides lump sum financial support to the family in case of death but also provides payment in case of diagnosis of specified critical illness.



Combination of Moneyback and Life Insurance

It gives you lump sum amount in case of death during policy term and in case of survival, survival benefit amount is payable on Term – 4 Years, Term – 2 Years and on completion of Term


Lump sum Benefit for Inbuilt Critical Illness

On diagnosis of any specified critical illness diseases, 10 % of Basic Sum Assured will be payable with an option to defer premium payment for next 2 policy term without any interest. Also, FREE Second Medical Opinion Option is available.


Profit Sharing in Terms of Guaranteed Additions

The policy is eligible for the guaranteed bonus at the rate of Rs. 50.00 per thousand per year during first 5 policy term and thereafter at the rate of Rs. 55.00 per thousand per year.


Additional Accidental Benefit

Standalone Additional Accident Benefit Maximum of Rs. 1,00,00,00/- is allowed other than the regular accidental benefit under other policies.

Advantage

Avail Tax benefit on premium paid
Tax Free Maturity Amount
Tension Free Claim Settlement


Conditions

       

Minimum

Maximum

  Age at Entry

18 Years Completed

55 Years for Policy Term  14 Years

 51 Years for Policy Term  16 Years

 48 Years for Policy Term  18 Years

 45 Years for Policy Term  20 Years

Sum Assured

Rs 1,00,00,000

No Limit

Policy Term

14 Years

 16 Years

 18 Years

 20 Years

Premium Paying Term

Policy Term – 4 Years

Maturity Age

69 Years for Policy Term  14 Years

 67 Years for Policy Term  16 Years

 66 Years for Policy Term  18 Years

 65 Years for Policy Term  20 Years

Mode of Payment

Yearly, Half Yearly, Quarterly, Monthly (NACH), SSS

 

The Basic Sum Assured shall be in Multiples of Rs. 5,00,000 / -

DAB Conditions:-

       

Minimum

Maximum

  Age at Entry

18 Years Completed

55 Years for Policy Term  14 Years

 51 Years for Policy Term  16 Years

 48 Years for Policy Term  18 Years

 45 Years for Policy Term  20 Years

Sum Assured

Rs. 10,000

Rs 1,00,00,000

Cover Ceasing Age

At the End of Policy Term

The Double Accident Sum Assured shall be in Multiples of Rs. 10,000 / -

 

Term Assurance Conditions:-

       

Minimum

Maximum

  Age at Entry

18 Years Completed

55 Years for Policy Term  14 Years

 51 Years for Policy Term  16 Years

 48 Years for Policy Term  18 Years

 45 Years for Policy Term  20 Years

Sum Assured

Rs 1, 00,000

Rs. 25,00,000

Cover Ceasing Age

At the End of Policy Term

 

The Term Assurance Sum Assured shall be in Multiples of Rs. 5,000 / -

 

Critical Illness Rider:-

       

Minimum

Maximum

  Age at Entry

18 Years Completed

55 Years for Policy Term  14 Years

 51 Years for Policy Term  16 Years

 48 Years for Policy Term  18 Years

 45 Years for Policy Term  20 Years

Sum Assured

Rs 1,00,000

Rs. 25,00,000

Cover Ceasing Age

At the End of Policy Term

 

The Critical Illness Sum Assured shall be in Multiples of Rs. 25,000 / -