A life insurance plan that gives you Guaranteed Income

Base:

The maturity benefit is paid at the end of the policy period. It also provides life insurance cover to take care of loved ones in case of an unfortunate demise of the Life Insured. The payout is guaranteed and tax-free.

Secured Income:

This option ensures that in case of an unfortunate event of death or diagnosis of covered Critical Illness with the policy term, the family won;t have to bear the added financial burden. They won;t have to compromise their future plans. They;ll receive the regular payouts as and when due. Additionally, they won;t have to pay any premiums for the remaining policy term.;

In addition, Critical Illness Sum Assured will be payable on diagnosis of covered critical illness and Sum Assured on Death will be payable in case of death of the life insured with the policy term.

Secured Income plan option can be chosen only with Regular Premium Payment Option.

Payor Waiver and Waiver of Premium are not allowed in Secured Income Option

Policyholder has the flexibility to receive regular income instalment in the frequency he/she chooses at policy inception. Payout frequency allowed are annual, semi-annual, quarterly and monthly.

Freedom to choose any date on which the policyholder will receive the regular income installments. He/she also has an option to advance the Fist Payout Date by a maximum of 30 days.