Wealth Plans
Elite Assure Plan
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
A plan that allows you to choose how much supplementary income you need and for how long.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
- Income Benefit
- Monthly Income as chosen by you
- Min- Rs. 10,000
- Max- Rs.5,40,000
- Annual Income of 5 X Monthly Income
- Maturity Benefit of 40 X Monthly Income for 5-5-5 option & 60 X Monthly Income for 7-7-7 option
- Death Benefit
Sum Assured (i.e. 11 X Annual premium, rounded up to the next Rs. 1000)
- Policy Term
15 years / 21 years
- Premium Payment Modes
Yearly, Half Yearly, Quarterly or Monthly#
- Income tax benefits under section 80(C) & 10(10D)*
- Entry Age : 20-50 years
Maturity Age : 35-71 years
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
- Flexibility to Choose your Future Income
- 5-5-5 option- Pay premium for 5 years, your money accumulates for another 5 years and then receive payouts in the next 5 years
- 7-7-7 option- Pay premium for 7 years, your money accumulates for another 7 years and then receive payouts in the next 7 years
- Assured Benefits including
- Monthly Benefit as chosen by you
- Annual Income- 5 X monthly income
- Lump sum at the end of the policy term- up to 60 X monthly income$
- Financial stability to your family in case of your unfortunate demise