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142N053V02 - Individual Non-Linked Non-Participating Savings Life Insurance Plan
Badhte bachche. Badhte sapne. Badhta desh. SUD Life Aashirwaad is a non-linked, non-participating endowment plan, which ensures your child soars as high without any compromises, even when you’re not around.
- Guaranteed benefits at maturity
- Maximum policy term - 20 years
- multiple payout options to choose from
- Tax benefits under Section 80C & Section 10 (10 D) of the Income Tax act
- Multiple premium payment term and policy term options
*Tax benefits are applicable as per the prevailing laws and subject to change from time to time. Please consult your financial advisor for details.
- PPT of 5 years for a PT of 10 to 20 years
- PPT of 7 years for a PT of 10 to 20 years
- PPT of 10 years for a PT of 15 to 20 years
- PPT of 15 years for a PT of 15 to 20 years
- Minimum:Rs.4 lakhs
- Maximum:Rs.100 crores*
*Tax benefits are applicable as per the prevailing laws and subject to change from time to time. Please consult your financial advisor for details.
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.
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