An investment-cum-risk protection ULIP with tailor made solutions to match your wealth accumulation needs along with the facility to switch your accumulated investment from one fund to another at the opportune time. See your money work for you. An excellent tool to generate funds to meet all future goals like owning a house, luxury vacations etc. UIN No: 147L003V02
facility of switch
Policyholder can modify the existing asset allocation as per the changing risk appetite or to take advantage of the fluctuating markets
ULIP with top-Up facility to enable you to add more to your investments through a one-time contribution over and above your regular premiums.
High Performing Funds
Allocate premiums in six high performing funds based on your risk profile.
key benefits for this product
Fund value is payable on survival of life assured till the end of policy term. Policyholder also has the option to receive the maturity proceeds in lumpsum or in instalments.
On death of life assured during policy term:
Higher of below 3 is paid:
1) Sum Assured(including top up sum assured)less partial withdrawals
2) Fund value(including top up fund value)as on date of claim intimation
3) 105% of total premiums paid(including top up premiums) till the time of death
You can avail tax benefits under Section 80C and Section 10(10D) of Income Tax Act,1961.
Tax benefits are subject to change in the tax laws.