Benefits explained with Example:

Anish, aged 40 years, has chosen an annual premium of 1,00,000 p.a. for 7 pay and policy term of 40 years.He will be covered for a death benefit of 10,00,000 during the policy term.Anish will receive Guaranteed Income of Rs.49,580 p.a. starting from end of 10^th policy year till 40^th policy year.On maturity of the policy, the Guaranteed Maturity Benefit of 8,00,000 will be payable to Anish.In case of an unfortunate event anytime during the policy term, sum assured on death i.e. 10,00,000would be paid to the nominee/beneficiary and the policy terminates immediately.

¹For Policies with PPT 7/12 years, the payout period starts from end of 10th/15th policy year respectively.

²Guranteed Life cover for 45 years is for premium payment terms of 12 years

³Subject to the policy being in-force on date of the event.

⁴Tax benefits may be applicable on premiums paid and benefits received as per prevailing tax laws.