Key features and benefits
Secure your family’s future
Ensure financial protection for your family in case of your untimely demise through substantial life coverage.
Get assured income benefits
Get income benefits after policy maturity either as a lump sum or in the form of monthly payouts.
Enjoy flexible premium payment options
Choose from higher or lower premium payment options and flexible cash value components, as per your convenience.
Get extensive critical illness coverage
Along with life cover, get coverage for medical expenses incurred for up to 55 chronic and terminal illnesses.
Get the return of premium benefit
If no claim is made during the policy tenure, you will receive the total premiums paid towards the policy at maturity.
Enhance policy coverage with add-ons
Get the option to buy add-ons to enhance the coverage of the policy. Avail of Critical Illness cover, Accidental Death Benefit, Accidental Total Permanent Disability Benefit, and Waiver of Premium Benefit.
Get tax benefits
Get tax exemptions on premiums paid for life insurance policies as per the provisions of the applicable Income Tax laws.
Frequently asked questions
A life insurance policy compensates the beneficiary or nominee in case of the policyholder's demise or after the completion of the tenure. The nominee raises a death coverage claim with the insurer in case of the insured's death to receive the sum insured in the policy. The policyholder can also renew the policy if the tenure is over. On survival of the entire policy tenure, the policyholder is eligible for a maturity benefit.
There are various types of life insurance policies: term life insurance policies, whole life insurance policies, endowment life insurance policies, money-back insurance policies, and various retirement plans.
A life insurance plan gives you financial coverage for a secure future. This policy provides death coverage. You get the flexibility to choose the term. You can get a loan against your plan in case of a financial emergency. This policy also offers you the opportunity to create wealth.
Yes. Premiums paid by an individual under life insurance plans can avail of tax benefits under Section 80C of the Income Tax Act, 1961, subject to the conditions/ limits of the act.
Whole life insurance coverage is where you are covered for your entire life, i.e., as long as you live. Under this plan, you pay a premium for the first 10-15 years and get coverage maximum up to the age of 99 years.
Surrender value is the amount the policyholder gets if he terminates/surrenders the policy before maturity. It is the amount the policyholder will get from the life insurance company if he decides to exit the policy before maturity. A regular premium policy acquires surrender value after the policyholder has paid the premiums continuously for three years.