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Product Information
Other Plans Smart Goals Plan (ULIP)
Synopsis:
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Our Smart Goals Plan with its flexible features has been designed to help you plan your financial requirements so that you have the means to fund your goals, with no compromises.

Benefits:

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  • Death Benefits
    1. In the unfortunate event of your death while your policy is in-force, your nominee will receive higher of:
    2. Sum Assured less applicable partial withdrawals Fund value 105% of premiums paid by you Maturity Benefits
    3. On survival till end of policy term, the Fund Value will be paid to you.
  • Premium Paying Mode
    1. You have the flexibility to choose annual or monthly mode to pay premiums as per your requirement or to suit your income stream. You can also change your premium payment mode anytime during the policy term.

Highlights:

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  • Your future is defined by your goals for yourself and your loved ones. You would like to ensure that nothing comes in the way of achieving these goals - buying the perfect house for your family or enrolling your child in a college abroad.
  • Whatever be your goal, you would not want to compromise financially for any of these important milestones in your life.
  • The plan offers Life Cover: You can choose your Life Cover based on your protection needs
    1. Premium Payment Term: You can choose a Premium Paying Term (5, 10 years or more upto 25 years) to suit your earning capacity.
    2. Switching/Premium Redirection: You have the option of switching and redirection between the fund options to take advantage of market movements or change in risk preference.
    3. Partial Withdrawals: You can easily withdraw money from your fund in case of financial emergency through partial withdrawals, after 5 years.
    4. Increase/Decrease of Sum Assured: You can increase or decrease your sum assured, depending on your changing needs, from the 6th policy year onwards subject to minimum and maximum sum assured limits stipulated under this plan.
    5. Auto Funds Rebalancing: You can maintain allocation of your investments in a specific proportion across funds, irrespective of market movements.
    6. Safety Switch Option: You have the option to switch your money to low risk fund as your policy nears maturity.