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142N083V03 - A Non-Linked Non-Participating Individual Savings Life Insurance Plan
SUD Life Century Royale, a plan that promises you guaranteed happiness for life. From securing a bright future for your child to enriching your golden years post retirement, the plan also ensures you to achieve every financial goal over the course of life journey, bringing you assured benefits like guaranteed income, maturity benefit and life cover till the last mile.
- Life cover for 45 years of policy term3
- Avail loan facility
- Avail tax benefit4
3Subject to policy being inforce throughout policy term. This is max policy term for premium payment term of 12 years & for premium payment term of 7 years max policy term available is 40 years. | 4 Tax benefit may be available on the premiums paid and benefits received as per prevailing tax laws
For 7 pay:
- Minimum age – 18 years
- Maximum age – 55 years
For 12 pay:
- Minimum age – 18 years
- Maximum age – 50 years
- For 7 Pay – it shall be 10 times the Annualized premium throughout the policy term
- For 12 Pay – Absolute Sum Assured will be 10 times of the Annualized Premium during the first policy year
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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