Minimum Age at Entry:

0 Years

Maximum Age at Entry

60 Years

All ages mentioned above are age as on last birthday.

Risk cover (including for minor lives) will commence immediately on the date of commencement of risk in the policy. In the case of a minor life, the policy will vest on the life assured on the earlier of attainment of age 18 years age or maturity date.

For female lives, 2% markup will be available on Benefit Sum Assured.

Income Period will commence after the end of Deferment Period.

Maximum age at maturity

Up to 100 Years

Yearly, Half-yearly, Quarterly and Monthly

The quarterly and monthly mode will be allowed only under auto-debit process (as per the approved RBI facilities).

Benefit Sum Assured (BSA) is derived basis Age, Product option, GPB, DP, PT, PPT, Income period and premium chosen by the Policyholder

Benefits will vary depending upon options chosen.

Minimum & Maximum Sum Assured on death 11 times of annualised premium

Early Income

On maturity of the Policy, you will receive:

• Sum Assured on Maturity, i.e. 105% of Total premiums paid plus
• Accumulated Income benefits, if any earlier, plus
• Terminal bonus (if declared)

Increasing Income:

On maturity of the Policy, you will receive:

• Sum Assured on Maturity, i.e. 105% of Total premiums paid plus
• Accumulated Income benefits, if any earlier, plus
• Terminal bonus (if declared)

Wealth

On maturity, you will receive a lumpsum amount equal to:

• Maturity Sum Assured, i.e. Maturity Sum Assured Rate x Annualised Premium,
  plus
• Accrued Simple Reversionary Bonus (if declared), plus
• Terminal Bonus (if declared)

Note:

1. The Benefit Sum Assured will be used for the calculation of Guaranteed Income², Cash Bonus³, Simple Reversionary Bonus and Terminal Bonus and will not paid on any event.

2. Sum Assured on Maturity is equal to (i) 105% of the Total Premiums* paid under Early Income option and (ii) Maturity Sum Assured under Wealth option

3. Annualised Premium is exclusive of any extra premium, rider premium, GST & cess, if any.

4. Total Premium is the sum total of all the premiums received and is exclusive of extra premium,rider premium and GST & cess, if any.

Early Income

In case of death of the Life Assured during the policy term, the death benefit will be paid as lump-sum:

• Sum Assured on Death plus
• 105% of Accumulated Income benefits, if any earlier plus
• Terminal Bonus (if declared)

Increasing Income

In case of death of the Life Assured during the policy term, the death benefit will be paid as lump-sum:

• Sum Assured on Death, plus
• 105% of Accumulated Income benefits, if any earlier plus
• Terminal Bonus (if declared)

Wealth

In case of the death of Life Assured during the policy term, the death benefit will be paid as lump-sum:

• Sum Assured on Death, plus
• Accrued simple reversionary bonus (if declared), plus
• Terminal Bonus (if declared)

Note:

1. Guaranteed Death Benefit is 105% of the Total Premiums paid.

2. Sum Assured is 11 times of Annualised Premium.

3. The Benefit Sum Assured will be used for the calculation of Guaranteed²Income, Cash Bonus³, Simple Reversionary Bonus and Terminal Bonus and will not paid on any event.

4. Annualised Premium is exclusive of any extra premium, rider premium, GST & cess, if any.

5. Total Premium is the sum total of all the premiums received and is exclusive of extra premium,rider premium and GST & cess, if any.