TERM AGE SUM
MINIMUM 5 25 0
MAXIMUM 35 65 NO LIMIT
Premium Ceasing Age : 70
Premium Ceasing Term : 0
Plan Highlights
FEATURES
* Tailor-made for professionals & businessmen.
* Multiple plan I pension options to choose from, such as
Plan Options:
* This plan is available with life cover, without life cover and is very much similar to an Endowment policy.
Pension Options:
* In case of a Joint life policy,it offers a guaranteed pension for the life of the policyholder or a pension for the last survivor or a pension fund that will also return the purchase price paid by the policyholder.
* Terminal bonus is available and there is no forfeiture in case the premiums are discontinued.
* The policyholder also has the option of a Single or One time premium payable, in case the life cover is not opted for.
* The policyholder also gains the option of a tax-free commuted value that amounts to nearly 25 percent.
Premiums up to Rs.10,000/- qualify for 100 percent deduction from taxable income in terms of Sections 80 (CCC) of the Income Tax Act.
