Wealth Enhancement (Ace) Plan - Investment Plan with Tax Benefits

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Wealth Enhancement Ace - Investment Plan

A single pay premium plan for wealth enhancement

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: 147L010V02


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Benefits so good, they have to be true!

Maturity Benefit

Maturity Benefit

Fund value is payable on survival of life assured till the end of policy term.

Maturity Benefit

Fund value is payable on survival of life assured till the end of policy term.

Maturity Benefit

Maturity Benefit

Fund value is payable on survival of life assured till the end of policy term.

Death Benefit

Higher of Fund Value (including top-up fund value)

Death Benefit

Death Benefit

Higher of Fund Value (including top-up fund value)

OR Sum Assured (including top-up sum assured) less all partial withdrawals, subject to minimum of 105% of total premiums paid (including top up premium)

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.

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

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

The minimum and maximum maturity age (last birthday)

minimum : 18 years

maximum : 75 years

What is the minimum and maximum policy term?
The minimum and maxi...

The minimum and maximum policy term

for age of entry below 45 years: 10, 15, and 20 years

for age of entry 45 years and above: 10 years

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

The minimum and maximum entry age (last birthday)

Minimum : 5 years

Maximum : 65 years

What is the minimum and maximum sum assured?
The minimum and maximu...

minimum Sum Assured* 

for age of entry below 45 years: SP x 1.25

for age of entry 45 years and above: SP x 1.10

top-ups:

for age below 45 years at the time of Top-up payment: Top-up premium × 1.25

for age 45 years and above at the time of Top-up payment: Top-up premium × 1.10

maximum Sum Assured*

SP × 10 Top-ups: Top up premium × 10 

*Single premium is abbreviated as SP

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

The Premium Paying Term is single pay

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

The Premium Payment Frequency is single

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Additional resources

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