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142L082V01 - A Unit - Linked, Non-Participating, Individual Life Insurance Plan
SUD Life e-Wealth Royale provides life cover with the flexibility to choose your wealth creation journey on your own terms.
- Low Cost: No allocation charges and return of charges
- Flexibility to choose between two plan options Platinum and Platinum Plus
- Option to increase Premium Payment Term and Policy Term
Policy Administration charges are charged only for first 10 years and will be added back to the fund value at the end of 10th policy year and will continue to form part of the fund value. On maturity, the mortality charges deducted throughout policy term will be added to the fund value. These benefits are not applicable for surrendered or discontinued policies however it is applicable if the policy is Reduced Paid-up or is in the Revival period. Return of mortality charge will be excluding any extra mortality charge & GST/any other applicable tax levied on the mortality charges deducted as per prevailing tax laws.
- Minimum age – Life Assured - 0 Years (30Days)
- Policyholder - 18 Years
- Minimum Sum Assured - ₹5,00,000 (10 times of Annualised Premium)
- Maximum Sum Assured - ₹25,00,000 (10 times of Annualised Premium)
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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