142N058V04 - Individual Non-Linked Non-Participating Savings Life Insurance Plan

POS – SUD Life Sanchay is a point of sale Regular Premium Non-Linked Non Participating Endowment Life Insurance Plan that helps in generating supplementary source of income for you and your loved ones.

  • A life cover with hassle- free issuance
  • No medical tests required for buying the policy
  • Fixed premium payment term of 10 years
  • A life cover with hassle- free issuance.
  • Receive maturity benefit in 10 equal annual regular instalments of amount equal to 160% of Annualized Premium at the end of each year during the Payout Period


Premium Payment Term and Policy term

  • Fixed Premium Paying Term of 10 years
  • Fixed Policy Term of 10 years

Payout Term

  • Fixed payout term of 10 years starting from 11th year till end of 20th year.


  • Minimum Rs.96,000
  • Maximum Rs.24,00,000


Disclaimer Bank of India is a registered Corporate Agent (IRDAI registration no. CA0035) for Star Union Dai-ichi Life Insurance Company (SUD Life) and does not underwrite the risk or act as an insurer. Participation by the Bank’s customer in the Insurance products is purely on a voluntary basis. The contract of Insurance is between SUD Life and the Insured and not between Bank of India and the Insured. This policy is underwritten by SUD Life Insurance Company. For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.

POS–SUD-LIFE-SANCHAY