✓Maturity Benefit: You will get the fund value on the date of maturity as a maturity benefit only if you have exercised the settlement option.
✓Death Benefit: In case of your unfortunate death during the policy term, your nominee/ beneficiary will receive the higher of the following:
✓Sum Assured (minus) any partial withdrawals
✓Fund Value on the Date of Death
✓105% of Total Premiums Paid
✓Guaranteed Loyalty Additions: At the end of each policy year, the company will add 0.10% - 0.55% of the fund value to the fund in the form of additional units. The benefits are added at the end of every policy year 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, and 20 (depending on the premium band).
✓Guaranteed Wealth Boosters: In addition to the guaranteed loyalty additions, the company will also pay you wealth boosters of 2% of the fund value.
✓Wealth boosters are added in the form of additional units in your fund from the end of the 10th policy year and after every 5 policy years there onwards.
✓The percentage of the fund value that is added as a wealth booster is determined by the premium paid by you.
Market-Linked Investment: Your premium is invested in 10 fund options, based on how much risk you want to take, and investors often evaluate performance history to choose the best SIP plan .
Life Cover Options: You can choose between two protection options: Life Option – gives a basic death benefit.
Extra Life Option – gives extra money if death happens due to an accident.
Market-Linked Investment: Your premium is invested in 10 fund options, based on how much risk you want to take, and investors often evaluate performance history to choose the best SIP plan .
Life Cover Options: You can choose between two protection options: Life Option – gives a basic death benefit.
Extra Life Option – gives extra money if death happens due to an accident.
