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Single Pay Endowment Assurance Plan - Endowment Plan

A plan where you pay a single premium and get maturity benefit along with protection.

A single pay premium plan for wealth enhancement. Pay premium just once for the policy term and receive a comprehensive cover at maturity. UIN No: 147N018V02


Check out our features

Benefits so good, they have to be true!

Death Benefit

Death Benefit

 On death of the life assured during the policy term, ten times of the single premium amount is paid as the Sum Assured

Death Benefit

On death of the life assured during the policy term...

Death Benefit

Death Benefit

 On death of the life assured during the policy term, ten times of the single premium amount is paid as the Sum Assured

Maturity Benefit

On survival of the life assured till maturity...

Maturity Benefit

Maturity Benefit

On survival of the life assured till maturity, guaranteed maturity benefit becomes payable which depends on the premium band, entry age, policy term chose, death benefit option chosen and gender

Tax Benefits

You can avail tax benefits under Section 80C and Section 10 (10D) ...

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 may qualify for a deduction under Section 80D of the Income Tax Act, 1961.

Tax benefits are subject to change in the tax laws.

Maximum Entry age

This plan provides an option to get ...

Maximum Entry age

Maximum Entry age

This plan provides an option to get cover till 70 years of age

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

What is the minimum and maximum entry age?
The Minimum and Max...

Minimum entry age with policy term 10 years: 8 years

Minimum entry age with policy term 15 years: 3 years

Maximum entry age with policy term 10 years and death benefit Option A: 40 years

Maximum entry age with policy term 10 years and death benefit Option B: 70 years

Maximum entry age with policy term 15 years and death benefit Option A: 35 years

Maximum entry age with policy term 15 years and death benefit Option B: 65 years

What is the premium payment frequency?
The premium paying frequency is....

Single installment premium payment policy.

What is the minimum and maximum Sum Assured?
The minimum and maxi..

Minimum* : 4 lakhs

Maximum : no limit

 

* Sum assured is equal to 10 times the single premium paid  

What is the premium paying term ?
The premium paying term..

Single installment premium payment 

What is the policy term for this plan?
The policy term for this plan is...

The policy term for this plan is 10 years.

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Additional resources

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