Buy Guranteed Income Insurance Plan for yearly pay-out

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Guaranteed Income Plan - Investment Plan

A plan that provides assured benefit at maturity

A regular pay, endowment assurance plan offering guaranteed tax free income. With regular payouts, ensure a higher liquidity for a longer period of time at maturity. A super combination of protection and security. UIN No: 147N021V01


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Benefits so good, they have to be true!

Tax Benefits

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

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

Tax Benefits

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.

Death Benefit

On death of life assured during the policy term above benefit will be payable:

Death Benefit

Death Benefit

On death of life assured during the policy term:

Highest of following amounts will be paid:

10 times of annualized premium

OR 125% of annualized premiums till date of death

OR lump sum amount available at maturity

If death occurs after the policy term then maturity benefit will continue to be paid as per schedule i.e. 200% of the annual premium will continue to be paid during the remaining payout period.

Maturity Benefit

On survival of the life assured till maturity:

Maturity Benefit

Maturity Benefit

On survival of the life assured till maturity:

1) 200% of the annual premium will be paid at the end of each year from 16th to 30th year from policy commencement.

2) Alternatively,the policyholder has the option to take the discounted value, calculated at 9% p.a, of outstanding future survival benefits as lump sum.

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What is the Premium Payment Frequency?
The Premium Payment Frequ...

The Premium Payment Frequency is Annual 

What is the policy term?
The policy term...

The policy term is 15 years 

What is the Premium Paying Term?
The Premium Paying Term...

The Premium Paying Term is 15 years 

What is the sum assured benefit?
The sum assured ben...

The sum assured benefit

Minimum : Rs 4,83,630 

Maximum : no limit

What is the minimum and maximum entry age?
The minimum and maxi...

Entry age(last birthday)

Minimum : 3 years

Maximum : 50 years

What is the minimum and maximum maturity age?
The minimum and maximu...

The minimum and maximum maturity age

Minimum : 18 years

Maximum : 65 years

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Additional resources

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