back
Product Information
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
    1. Monthly Income as chosen by you
    2. Min- Rs. 10,000
    3. Max- Rs.5,40,000
    4. Annual Income of 5 X Monthly Income
    5. 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)*
    1. 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