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142N056V01 - Individual Non-Linked Non-Participating Savings Life Insurance Plan
SUD Life - Praptee is a non-Linked non-participating money back protection cum savings life insurance plan that gives increasing money back pay-outs at a regular interval of 3 years. It helps you as you keep with your growing lifestyle needs.
- Product will help you keep pace with your growing lifestyle needs
- Money back benefits as a percentage of basic sum assured to be paid at regular intervals
- Choice of 3 different premium payment terms – 6, 8 & 10 years
- This plan offers you the flexibility to choose from various combinations of Policy Term and Premium Payment Term.
- PPT of 6 and 8 years for a PT of 12,15 and 18 years.
- PPT of 10 years for a PT of 15 and 18 years.
- The Minimum Basic Sum Assured is Rs.2.5 lakhs and Maximum Basic Sum Assured is Rs.100 crores(subject to board approved underwriting policy).Basic Sum Assured should be in multiples of Rs.1000.
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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