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Cash Flow Protection Plus - An Endowment Plan with Regular Cash Flow - Retirement Plan

An endowment plan that enables you to sustain current standard of living and have a regular tax free flow of income till his/her demise. A long and happy life is something that you have always wished for. This can only be possible with a healthy cash flow; long after your productive years. UIN No: 147N028V01


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Benefits so good, they have to be true!

Survival Benefits

Survival Benefits

 

Guaranteed benefits: Money back is calculated at 5.5% of Sum Assured on Maturity. Money back payout starts one year after the premium paying term and is paid annually on every policy anniversary till maturity or death whichever is earlier.

Non-guaranteed benefits are based on performance of the par fund:

Accrued reversionary bonuses, are payable in lump sum at the end of premium paying term.

Cash bonus payout starts along with the Money back benefit, and is paid till time of maturity

Survival Benefits

Guaranteed benefits: Money back is calculated at 5.5% of Sum Assured on Maturity. Money back payout starts one year after the premium paying term

Survival Benefits

Survival Benefits

 

Guaranteed benefits: Money back is calculated at 5.5% of Sum Assured on Maturity. Money back payout starts one year after the premium paying term and is paid annually on every policy anniversary till maturity or death whichever is earlier.

Non-guaranteed benefits are based on performance of the par fund:

Accrued reversionary bonuses, are payable in lump sum at the end of premium paying term.

Cash bonus payout starts along with the Money back benefit, and is paid till time of maturity

Death Benefit

On death of life assured during the policy term, company pays Death Benefit as: Sum Assured on Death + Accrued reversionary bonuses

Death Benefit

Death Benefit

 

On death of life assured during the policy term, company pays Death Benefit as:

Sum Assured on Death + Accrued reversionary bonuses, if not already paid, where Sum Assured on Death will be higher of 11 times of annualized premium or minimum Sum Assured on Maturity.

Maturity Benefit

On survival of Life Assured till maturity, company pays: Higher of Sum Assured on Maturity or 105% of total annualized premiums paid.

Maturity Benefit

Maturity Benefit

 

On survival of Life Assured till maturity, company pays:

Higher of Sum Assured on Maturity or 105% of total annualized premiums paid. In certain cases, terminal bonus may be payable along with the maturity benefit.

Tax Benefits

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.

Tax Benefits

Tax Benefits

 

You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.

Premium paid for Critical Illness Rider, if opted, may qualify for a deduction under Section 80D of the Income Tax Act, 1961.

Tax benefits are subject to change in the tax laws.

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

What is the Premium Payment frequency ?
The premium payment frequency is

Annual, Semi-annual, Monthly 

What is the Maximum and Maturity Age?
The Maximum and Maturity Age is

(Last birthday) 100 years

What is the Minimum and Maximum entry age?
The Minimum and Maximum entry age is

Entry age 

minimum : 91 days

maximum : 55 years

What is the Premium Paying erm?
The premium Paying Term is

 10, 15, 20 and 25 years 

What is the Sum Assured?
The Sum assured is

minimum : 2 lakhs

maximum : no limit

What is the Policy Term?
The Policy Term is

 100 years less age at entry of the life insured 

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Additional resources

Product brochure view & download pdf
Sample contract view & download pdf
Product disclaimer read more

bonus rates view & download pdf