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SUD Life E -Wealth Royale
  • 100% Fund Allocation.
  • Zero Premium Allocation Charges
  • Loyalty Additions & Wealth Boosters
  • Return of Policy Administration Charges & Mortality Charges
Key Features
Eligibility Criteria
How it works

Key Features

2 Plan Options

Platinum and Platinum Plus

Return of Charges4

No Premium Allocation charges. Return of Policy Administration charge at the end of 10th Policy Year and Return of Mortality charges at policy Maturity

Flexibility to withdraw money1

You can partially withdraw the money as per your requirement after completion of 5th Policy Year.

Investment Strategy

Option to choose from 2 Investment Strategy i.e. Self-Managed and Age Based and 8 Fund Options i.e. Blue- Chip Equity Fund, Growth Plus Fund, Balanced Plus Fund, Mid Cap Fund, Income Fund, Gilt Fund, Dynamic Fund and Money Market Fund

Tax Benefits

Get tax benefits on maturity amount subject to Section 10(10D) and tax benefits on premium paid under Section 80 C of the Income Tax Act, 1961.

Flexibility

Option to increase Premium Payment Term and Policy Term

Eligibility Criteria

Plan Option Platinum Platinum Plus
Min Entry Age*
Life Assured - 0 Years (30 Days)
Policyholder - 18 Years
Life Assured - 0 Years (30 Days)
Policyholder - 18 Years
Max Entry Age*
For Life Assured
Policy Term Years
10 - 14 50 Years
15 - 40 55 Years
For Life Assured/Policyholder
Policy Term Years
10 - 14 50 Years
15 - 40 55 Years
Plan Option Platinum Platinum Plus
Maturity Age*
Minimum - 18 Years
Maximum - 75 Years
Minimum - 18 Years
Maximum - 75 Years
Minimum Policy Term
PPT Policy Term
5 Pay, 7 Pay,
Regular Pay		 10 Years
10 Pay 15 Years
PPT Policy Term
5 Pay, 7 Pay,
Regular Pay		 10 Years
10 Pay 15 Years
Maximum Policy Term
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 40 Years
Life Assured is Minor^
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 30 Years Less Entry Age
Life Assured is Major^ (Age >=18)
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 40 Years
Maximum Premium
Premium
Payment Mode		 Amount
Yearly 50,000
Half Yearly 30,000
Quaterly 15,000
Monthly 5,000
Premium
Payment Mode		 Amount
Yearly 50,000
Half Yearly 30,000
Quaterly 15,000
Monthly 5,000
Maximum Annualised
Premium		 2,50,000 2,50,000
Minimum Sum Assured 5,00,000 (10 times of Annualised Premium) 5,00,000 (10 times of Annualised Premium)
Maximum Sum Assured 25,00,000 (10 times of Annualised Premium) 25,00,000 (10 times of Annualised Premium)
Premium Payment Frequency Yearly, Half-Yearly, Quaterly, Monthly Yearly, Half-Yearly, Quaterly, Monthly
*Age is age last birthday
*At date of commencement of policy. Where, Annualized Premium means premium amount payable in a year excluding the taxes, rider premiums and underwriting extra premium on riders, if any.

How it works

A 35-years old, healthy male opts for SUD Life e-Wealth Royale, Plan Option - Platinum & chooses 100% allocation in Blue Chip Fund. He chooses a monthly premium of 5,000 to be paid for 20 years (PPT) & a policy term of 20 years. Hence, total premium payable is 12,00,000.

+ These assumed rates of returns are not guaranteed, and they are not the upper or lower limits of what you might get back, as the value of the fund is dependent on a number of factors including future investment performance

SUD Life Centurion
SUD Life Century Royale
SUD Life Century Star
SUD Life Fortune Royale
SUD Life Century Gold
SUD Life Century Plus
SUD Life Century Income
  • Guaranteed Long-Term Income1
  • Guaranteed Life Cover2
  • Guaranteed Maturity3
  • 7.5% Extra Payout for Online Buyers
Key Features
Eligibility Criteria
How it works

Key Features

Guaranteed Income1

Guaranteed Income1 from the end of 10th year till end of policy term

Guaranteed Life Cover2

Guaranteed Life Cover2 for 45 years of Policy Term

Guaranteed Maturity Benefit3

Guaranteed Maturity Benefit3 at end of the Policy Term

Long-term Benefits

Pay for 7/12 year and enjoy long-term benefits

Loan Facility

Avail Loan facility

Tax Benefit4

Tax benefit4 on the premiums paid and benefits received

Eligibility Criteria

Entry Age*
Premium Paying Term 7 Pay 12 Pay
Minimum Age 18 years 18 years
Maximum Age 55 years 50 years
Maximum
Maturity Age*		 95 years
Premium Payment
Term (PPT)		 7 Pay and 12 Pay
Policy Term
PPT Policy Term (in years)
7 Pay 25, 30, 35, 40
12 Pay 30, 35, 40, 45
Premium
Minimum Annualized Premium
7 Pay Rs.100,000
12 Pay Rs.60,000
Maximum Annualized Premium - As per Board Approved
Underwriting Policy
The Premium will be as chosen by the Policyholder
(Age is age last birthday)

How it works

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 10th policy year till 40th 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.

Protect your loved ones while fulfilling their dreams financially with SUD Life Century Star

  • Life cover with guaranteed maturity benefits
  • Loan facility available
  • Tax benefits# under Section 80C & 10(10D) on premiums paid and on maturity.
  • Flexibility to withdraw from 13th year with attractive surrender benefits
Key Features
Eligibility Criteria
How it works

Key Features

Choose Riders

Option to choose Riders

Death and Disability Benefit Rider

SUD Life Accidental Death and Total & Permanent Disability Benefit Rider – Traditional

Family Income Benefit Rider

SUD Life Family Income Benefit Rider – Traditional

Loan facility

Loan facility available

Tax benefits

Tax benefits# under Section 80C & 10(10D) on premiums paid and on maturity.

Eligibility Criteria

  Minimum Maximum
Entry Age (Last birthday)
8 years
55 years
Age at Maturity (last birthday)
20 years
71 years
Sum Assured on Death (Rs)
5,00,000
20,00,00,000
Annualized Premium (Rs)
50,000
2,00,00,000
Premium Payment Term (years)
7 years
Premium Payment Modes
Yearly

How it works

How does this plan work?

Anish, aged 40 years, has chosen an annual premium of Rs 50,000 and policy term of 16 years. He will be covered for a death benefit of Rs 5,00,000 during the policy term. On maturity of the policy, the Guaranteed Maturity Benefit will be paid to Anish which is calculated using the Guaranteed Maturity Benefit factor multiplied by Annualized Premium. Therefore, in case of Anish, for age at entry 40 years and policy term of 16 years, the guaranteed maturity benefit factor is 12.8467 and thus the maturity benefit is Rs 6,42,335 [50,000 multiplied by 12.8467].

In case of an unfortunate event anytime during the policy term, sum assured on death i.e. Rs 5 lakhs will be paid to the nominee/beneficiary

  • Receive Cash Bonus2
  • Lumpsum along with Guaranteed Additions from first policy year till end of premium paying term3
  • Secure your Child’s Future
Key Features
Eligibility Criteria
How it works

Key Features

Flexibility

Flexibility to choose between 3 Benefit Options – Income Benefit, Lumpsum Benefit & Child Future Secure

Cash Bonus

Receive regular income by way of Cash Bonus2

Guaranteed Additions

Guaranteed Additions3 till end of premium paying term

Waiver of Premium Benefit

Waiver of Premium Benefit available under benefit option 3 - child future secure

Child’s Future & Wealth Creation

Single window solutions for securing Child’s Future & Wealth Creation

Tax benefits

Tax Benefits on premiums paid & maturity4

1Bonus will be paid if declared by the Company based on the performance of participating fund.
2Applicable only under Benefit Option 1 - Income Benefit. Based on performance of participating fund, the Company may declare Cash Bonus.
3Available only under Benefit Option 2 – Lumpsum Benefit & Benefit Option 3 – Child Future Secure. It will accrue and be attached to the policy at the end of each policy year starting from the first policy year up to the end of PPT provided the policy is in-force.
4Tax benefits as per prevailing norms under the Income Tax Act, 1961 as amended from time to time.

Eligibility Criteria

Parameters Details
Min Age at Entry 30 Days
Max Age at Entry
Option
Life Assured
PPT:
5 Yrs.		 PPT:
7,10,12 Yrs.
Policy Holder
1. Income Benefit
50 Years. 55 Years.
Not Applicable
2. LumpSum Benefit
50 Years. 55 Years.
Not Applicable
3. Child Future Secure
17 Years. 17 Years.
55 Years.
Maturity Age
Minimum - 18 Years

Maximum - 80 Years
Premium Paying Term & Policy Term
PPT (Years) 5 Yrs. 7 Yrs. 10 Yrs. 12 Yrs.
PT (Years) 11,15 Yrs. 15,21 Yrs. 21,25 Yrs. 25 Yrs.
Sum Assured on Death (Minimum)
PPT (Years) 5 Yrs. 7,10 & 12
SAD () 10,50,000 5,25,000
Annualized Premium (Minimum)
PPT (Years) 5 Yrs. 7,10 & 12
Premium () 1,00,000 50,000
Mode of Premium Yearly,Half Yearly,Quarterly and Monthly
*The maximum Sum Assured as per Board approved Underwriting Policy.

How it works

How does this plan work?

Benefit Option 2: Lumpsum Benefit

Mr. Rohit, healthy male age 40 years has opted SUD Life Fortune Royale (Option 2- Lumpsum Benefit).

Premium Paying Term - 5 years Premium Frequency – Yearly Sum Assured - ₹ 10,50,000

Policy Term - 11 years Annualised Premium - ₹ 1,00,000 (exclusive of applicable taxes)

The rate of return assumed in the illustration at 4% and 8% shall not be considered as forecast, as the rate of returns are not guaranteed and they are not the upper or lower limit of what you might get back, as the value of the policy depends on a number of factors including future investment performance.

  • Flexibility to choose Plan Options:
    Plan Option - Goal Sure & Plan Option - Edu Sure
  • Financial planning for your Key Life Stages - Child’s Education, Marriage, Parenthood, etc.
  • Invest in long term saving option
Key Features
Eligibility Criteria
How it works

Key Features

Flexibility to choose your Premium, Premium Payment Term and Policy Term

Have an option for alter in Premium Payment Frequency, if chosen

Get tax benefit on Premiums paid & Maturity benefit

3Tax Benefit as per prevailing norms under the Income Tax Act, 1961 as amended from time to time.

Eligibility Criteria

Plan Option Goal Sure Edu Sure
Entry Age Minimum 0 Years 91 days 18 Years
Maximum 55 Years For PPT 5 years
For PPT 6, 8, 10 years : 60 Years 		50 Years
Plan Option Goal Sure Edu Sure
Maturity Age Minimum 18 Years 33 Years
Maximum 80 Years 72 Years
*The maximum Sum Assured as per Board approved Underwriting Policy.

How it works

How does this plan work?

Plan Option: Goal Sure

Mr. Rohit has opted SUD Life – Century Gold (Plan Option – Goal Sure). The details are as below
Life Assured Age - 35 years
Premium Frequency - Yearly
Policy Term - 20 years
Premium Paying Term - 10 years
Sum Assured on Death - ₹ 10,50,000
Annualised Premium - ₹ 1,00,000 (exclusive of applicable taxes)

On unfortunate death of Life assured during 7th policy year, nominee or beneficiary will get death benefit as:

Note: above example GA does not accrue, and Sum Assured on Death is highest as mentioned in the death benefit under this option.

  • Fixed premium payment term of 5 years
  • Life Cover with Guaranteed Maturity Benefits*
  • Flexibility to withdraw from 11th year with attractive surrender benefits
Key Features
Eligibility Criteria
How it works

Key Features

Flexibility to choose Policy term: Min-10 years – Max -16 years

Option to select the premium amount you want to invest

Death benefit to be received as lump-sum amount

Eligibility Criteria

Parameters Minimum Maximum
Age at Entry 8 years 50 years
Age at Maturity 18 years 66 Years
Sum Assured on Death (Rs.) 10,00,000 20,00,00,000
Annualized Premium (Rs.) 1,00,000 2,00,00,000
Policy Term (years) 10 26
Premium Payment Term (years) 5 years
Premium Payment Modes Yearly
(Age is age last birthday)

How it works

How does this plan work?

Mohit, age 30 years, has opted for SUD Life Century Plus, premium of 1 lakh and policy term of 16 years. At Maturity, Mohit will receive a maturity benefit of

(Maturity benefit is calculated as GMB factor multiplied by annualized premium. GMB factor is derived basis age and policy term. In the above illustration for age 30 years, policy term 16 years, the GMB factor is 9.95)

In the event of unfortunate event of death of the policyholder, the nominee will receive a death benefit of 10 Lakh.

(The benefit are subject to policy being fully inforce on the date of the event)

*Payable at the end of policy term provided the policy is in force.

#As per prevailing norms under the Income Tax Act 1961, amended from time to time.

  • Fixed Policy term of 100 months only.
  • Single premium plan to achieve your financial goals.
  • Guaranteed lump-sum amount on maturity* to safeguard all your dreams.
  • Ensure financial security of your family in your absence.
Key Features
Eligibility Criteria
How it works

Key Features

Flexibility to choose premium amount & Plan option.

Life cover throughout the policy term

Wealth grows irrespective of market conditions

Eligibility Criteria

Parameters Minimum Maximum
Entry Age 10 Years age last birthday Option 1 - 65 Years age, last birthday
Option 2 - 40 Years age, last birthday
Maturity Age 18 Years age last birthday 74 Years age, last birthday
*On survival till the end of policy term provided the policy is in force.

How it works

How does this plan work?

Illustration: Option 01

Mr. Prakash has opted SUD Life – Centurion (Option 1). The details are as below:
Life Assured Age 35 years
Policy Term 100 Months
Premium Paying Term Single Pay
Sum Assured on Death ₹ 1,25,000
Guaranteed Maturity Benefit ₹ 1,79,314 (exclusive of applicable taxes)
Single Premium ₹ 1,00,000 (exclusive of applicable taxes)

On unfortunate death of the Life assured during 20th policy month, nominee or beneficiary will get death benefit as:

Illustration: Option 02

Mr. Prakash has opted SUD Life – Centurion (Option 2). The details are as below:
Life Assured Age 35 years
Policy Term 100 Months
Premium Paying Term Single Pay
Sum Assured on Death ₹ 10,00,000
Guaranteed Maturity Benefit ₹ 1,64,390 (exclusive of applicable taxes)
Single Premium ₹ 1,00,000 (exclusive of applicable taxes)

On unfortunate death of the Life assured during 20th policy month, nominee or beneficiary will get death benefit as:

  • Flexibility to choose from 3 Plan Options:
    • Immediate Income

    • Deferred Income

    • Twin Income
  • Receive Guaranteed Income* from end of 1st policy year or choose to defer income payouts after premium payment term or choose to receive the guaranteed income in fixed sets of two consecutive years#.
  • Option to accumulate and grow guaranteed income in Safe Box1 and withdraw any time as per your need.
Key Features
Eligibility Criteria
How it works

Key Features

Flexibility to choose Premium, Premium Payment Term and Policy Term.

Option to receive income on Special Date2 like birthday, anniversary etc.

Option to adjust future premiums from the income through Premium Offset3 feature.

Eligibility Criteria

Parameters Minimum Maximum
Entry Age (Age last birthday) 18 Years
Premium Payment Term (PPT) (Years) Age
7 50 Years
10 55 Years
12 60 Years
Maturity Age 33 Years 85 Years
*On survival till the end of policy term provided the policy is in force.

How it works

How does this plan work?

Plan Option: Immediate Income

Mr. Prakash has opted SUD Life – Century Income (Plan Option – Immediate Income). The details are as below:
Life Assured Age 35 years
Premium Frequency Yearly
Policy Term 20 Years
Premium Paying Term 10 years
Sum Assured on Death ₹ 10,00,000
Annualised Premium ₹ 1,00,000 (exclusive of applicable taxes)
End of Policy Year Guaranteed Income (GI) Loyalty Income GI + Loyalty Income
1 10,000 0 10,000
2 10,000 3,000 13,000
3 10,000 6,000 16,000
4 10,000 9,000 19,000
5 10,000 12,000 22,000
6 10,000 15,000 25,000
7 10,000 18,000 28,000
8 10,000 21,000 31,000
9 10,000 24,000 34,000
10 to 20 10,000 27,000 37,000
Guaranteed Maturity benefit at the end of Policy Term 12,26,792

On unfortunate death of the Life Assured during the sixth Policy Year, nominee receives death benefit & policy terminates.

Plan Option: Deferred Income
Illustration

Mr. Prakash has opted SUD Life – Century Income (Plan Option – Deferred Income). The details are as below:
Life Assured Age 35 years
Premium Frequency Yearly
Policy Term 20 Years
Premium Paying Term 10 years
Sum Assured on Death ₹ 10,00,000
Annualised Premium ₹ 1,00,000 (exclusive of applicable taxes)
End of Policy Year Income in Rs
1 to 10 -
11 30,000
12 33,000
13 36,000
14 39,000
15 42,000
16 45,000
17 48,000
18 51,000
19 54,000
20 57,000
Maturity benefit at the end of Policy Term 16,94,456

On unfortunate death of the Life Assured during the sixth Policy Year, nominee receives death benefit & policy terminates.

Plan Option: Twin Income
Illustration

Mr. Prakash has opted SUD Life – Century Income (Plan Option – Twin Income). The details are as below:
Life Assured Age 35 years
Premium Frequency Yearly
Policy Term 20 Years
Premium Paying Term 10 years
Sum Assured on Death ₹ 10,00,000
Annualised Premium ₹ 1,00,000 (exclusive of applicable taxes)
Note: In the below illustrations the timeline starts with 0 as the premium payment starts from the beginning of the first year.
End of Policy Year Income in Rs
1 to 7 -
8 1,05,000
9 1,05,000
10 to 12 -
13 1,05,000
14 1,05,000
15 to 17 -
18 1,05,000
19 1,05,000
20 -
Maturity benefit at the end of Policy Term 12,84,915

On unfortunate death of the Life Assured during the sixth Policy Year, nominee receives death benefit & policy terminates.

SUD- Saral Jeevan Bima
SUD- Protect Shield
SUD- Protect Shield Plus
  • Tax Free Guaranteed Long-term Income
  • Guaranteed Maturity
  • 7.5% Extra Payout for Online Buyers
  • Life Cover
Key Features
Eligibility Criteria
How it works

Key Features

Tax Free1 Guaranteed Income

Tax Free1 Guaranteed Income

Guaranteed Maturity Benefit

Guaranteed Maturity Benefit at end of the Policy Term

Guaranteed Life Cover

Guaranteed Life Cover for 45 years of Policy Term

Long-term Benefits

Pay for 7/12 year and enjoy long-term benefits

Loan Facility

Avail Loan facility

Tax Benefit On Premium

Tax benefit1 on the premiums paid

Eligibility Criteria

Plan Option Platinum Platinum Plus
Min Entry Age*
Life Assured - 0 Years (30 Days)
Policyholder - 18 Years
Life Assured - 0 Years (30 Days)
Policyholder - 18 Years
Max Entry Age*
For Life Assured
Policy Term Years
10 - 14 50 Years
15 - 40 55 Years
For Life Assured/Policyholder
Policy Term Years
10 - 14 50 Years
15 - 40 55 Years
Plan Option Platinum Platinum Plus
Maturity Age*
Minimum - 18 Years
Maximum - 75 Years
Minimum - 18 Years
Maximum - 75 Years
Minimum Policy Term
PPT Policy Term
5 Pay, 7 Pay,
Regular Pay		 10 Years
10 Pay 15 Years
PPT Policy Term
5 Pay, 7 Pay,
Regular Pay		 10 Years
10 Pay 15 Years
Maximum Policy Term
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 40 Years
Life Assured is Minor^
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 30 Years Less Entry Age
Life Assured is Major^ (Age >=18)
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 40 Years
Maximum Premium
Premium
Payment Mode		 Amount
Yearly 50,000
Half Yearly 30,000
Quaterly 15,000
Monthly 5,000
Premium
Payment Mode		 Amount
Yearly 50,000
Half Yearly 30,000
Quaterly 15,000
Monthly 5,000
Maximum Annualised
Premium		 2,50,000 2,50,000
Minimum Sum Assured 5,00,000 (10 times of Annualised Premium) 5,00,000 (10 times of Annualised Premium)
Maximum Sum Assured 25,00,000 (10 times of Annualised Premium) 25,00,000 (10 times of Annualised Premium)
Premium Payment Frequency Yearly, Half-Yearly, Quaterly, Monthly Yearly, Half-Yearly, Quaterly, Monthly
*Age is age last birthday
*At date of commencement of policy. Where, Annualized Premium means premium amount payable in a year excluding the taxes, rider premiums and underwriting extra premium on riders, if any.

How it works

A 35-years old, healthy male opts for SUD Life e-Wealth Royale, Plan Option - Platinum & chooses 100% allocation in Blue Chip Fund. He chooses a monthly premium of 5,000 to be paid for 20 years (PPT) & a policy term of 20 years. Hence, total premium payable is 12,00,000.

+ These assumed rates of returns are not guaranteed, and they are not the upper or lower limits of what you might get back, as the value of the fund is dependent on a number of factors including future investment performance

  • Get Lump Sum Amount on Death
  • Flexibility to choose premium payment term from single pay, regular pay, 5 & 10 pay
Key Features
Eligibility Criteria
How it works

Key Features

Life Cover:

Min.-₹ 5lakhs

Max.-₹ 25lakhs

Policy Term *:

5 to 10 years

Entry Age:

18 to 65 years

Max.Maturity Age:

70 years

Premium Payment Term

Single Pay|Regular Pay|5 Pay & 10 Pay

Eligibility Criteria

Minimum Maximum
Entry Age
18 Years
65 Years
Maturity Age
23 Years
70 Years
Sum Assured
5 Lakhs
25 Lakhs
Premium Payment Terms Policy Term
Single Pay & Regular Pay
5 to 40 years
5 Pay
6 to 40 years
10 Pay
11 to 40 years

How it works

Mr. Anish is 28 years old man. He opts for SUD Life Saral Jeevan Bima plan for Sum Assured of ₹ 5 Lakhs, Policy Term of 10 years, Premium Payment Term of 5 years and annual premium payment mode.

The premium payable by him will be ₹ 1,845 p.a. for 5 years.

This plan will provide him death benefit cover of ₹ 5 Lakhs during the policy term of 10 years i.e. in case of his unfortunate death during the policy term, his nominee/beneficiary with receive the death benefit of ₹ 5 Lakhs and his policy will terminate.

Waiting Period of 45 days is applicable from the commencement of risk. The product covers death due to accident only during the waiting period. In case of death due to cause other accident during this period, an amount equal to 100% of all premiums received excluding taxes, if any, shall be paid and the Sum Assured on Death shall not be paid. For complete details, kindly refer to the product brochure.

Choose from 3 benefit options –

  • Life Cover.
  • Life Cover with Return of Premium
  • Life Cover with Critical Illness.
Key Features
Eligibility Criteria
How it works

Key Benefits

Get Death Benefits, Guaranteed Maturity Benefit1 and Critical Illness Benefit2

Multiple payout options to choose from – Lumpsum, Monthly income and Lumpsum plus monthly income

Option to choose SUD Life Accidental Death and Total & Permanent Disability Benefit Rider#

Protection against 40 critical illness.

Income tax benefits as per Section 80C and Section 10(10D) of The Income Tax Act, 1961.

1 Applicable only under Benefit Option 2- Life Cover with Return of Premium
2 Applicable only under Benefit Option 3- Life Cover with Critical Illness (CI)
# This is applicable for the following Benefit Options only.
1. Life Cover 2. Life Cover with Return of Premium

Eligibility Criteria

Eligibility Criteria

Minimum Maximum
Entry Age (Last birthday) 18 Years 55 Years
Age at Maturity (last birthday) 33 Years 80 Years
(70 years in case of Benefit Option 2)
Premium Payment Modes Yearly, Half-Yearly, Quaterly, Monthly

Sum Assured

Options Minimum Maximum
Benefit Option 1- Life Cover 50 Lakh 50 Lakh
Benefit Option 2- Life Cover with Return of Premium 50 Lakh 1.5 Crore
Benefit Option 3- Life Cover with Critical Illness 50 Lakh 5 Crore

Premium Payment Term Policy Term (years)
15 Pay 20 to 40
5 Pay, 7 Pay, 10 Pay, 12 Pay and Regular Pay 15 to 40

How it works

Rohit, aged 35, has opted for SUD Life Protect Shield plan. He chooses Sum Assured of Rs 50 lacs, policy term of 30 years with premium payment term as regular pay. He opts for Life Cover with Return of Premium & Lumsum payout option to receive the Death Benefit.

  • Life cover protection up to 80 years of age #
  • Flexibility to choose Sum Assured, Premium Paying Term and Policy Term
#80 years is the maximum maturity age
Key Features
Eligibility Criteria
How it works

Key Benefits

A simple term life insurance plan at nominal cost

Provides financial protection to your family

Receive the death benefit as lumpsum

Avail Tax benefit*

*Tax Benefit as per prevailing norms under the Income Tax Act, 1961 as amended from time to time

Eligibility Criteria

Eligibility Criteria

Entry Age Minimum 18 Years
Maximum 60 Years

Maturity Age Minimum 23 Years
Maximum 80 Years

How it works

Benefit explained with Example:

Mr. Rohit has opted for SUD Life Protect Shield Plus. The details are as below
Life Assured Age - 30 years
Premium Frequency - Yearly
Policy Term - 20 years
Premium Paying Term - 20 years
Sum Assured (SA) - ₹ 1,00,00,000
Annualised Premium - ₹ 9,017 (exclusive of applicable taxes)


Mr. Rohit has opted for SUD Life Protect Shield Plus. The details are as below
Life Assured Age - 25 years
Premium Frequency - Yearly
Policy Term - 20 years
Premium Paying Term - 5 years
Sum Assured (SA) - ₹ 2,00,00,000
Annualised Premium - ₹ 40,060 (exclusive of applicable taxes)


POS Sanchay
  • Life cover with guaranteed maturity benefits
  • Fixed premium payment term of 10 years
  • Easy enrolment process
Key Features
Eligibility Criteria
How it works

Key Features

Life Cover- Get life cover with hassle- free issuance

No medical tests- No medical tests required for buying the policy

Receive maturity benefit in 10 equal annual regular instalments during the Payout Period

Eligibility Criteria

Paremeters Minimum Maximum
Age at entry (last birthday)
18 Years
45 Years
Age at maturity (last birthday)
28 Years
55 Years
Sum assured
Rs 96,000
Rs 24,00,000
Annualised premium
Rs 6,000
Rs 1,50,000
Premium Payment Term (years)
10 Years
Policy term (years)
10 Years
Premium Payment Modes
Yearly, Half- Yearly, Quarterly and Monthly

How it works

To understand the benefits, let us assume Mr. Rohit, 35 years of age, professional working with an IT firm. He is looking for an investment plan which helps him in generating second source of income for him to fuel his additional expenses or family needs 10 years later. Mr. Rohit opts for POS-SUD Life Sanchay.

  • Chooses to pay annual premium of Rs 20,000 for 10 years , payable on annual basis. Mr. Rohit will receive following benefit:.
  • Maturity Benefit – on survival till end of policy term, Guaranteed Maturity Benefit i.e. 10 equal instalment which equals to 160% of Annualized Premium during the payout period. i.e. Rohit will receive Rs 32,000 (160% of Annualized Premium) at the end of each year during the payout period (i.e. from 11th year to year). The first instalment is payable at the end of 11 Year.
  • Death Benefit - In case of unfortunate demise during 8 year of Policy term, his nominee will receive the death benefit in 10 equal annual regular instalments of 160% of Annualized Premium..

We understands what you want from your investments and offer you investment plans tailored to your specific needs. Investing in the right plan is important as one need to make his money grow in the right manner. It offers;

Key Features
Eligibility Criteria
How it works

Key Features

2 Plan Options

Platinum and Platinum Plus

Return of Charges4

No Premium Allocation charges. Return of Policy Administration charge at the end of 10th Policy Year and Return of Mortality charges at policy Maturity

Flexibility to withdraw money1

You can partially withdraw the money as per your requirement after completion of 5th Policy Year.

Investment Strategy

Option to choose from 2 Investment Strategy i.e. Self-Managed and Age Based and 8 Fund Options i.e. Blue- Chip Equity Fund, Growth Plus Fund, Balanced Plus Fund, Mid Cap Fund, Income Fund, Gilt Fund, Dynamic Fund and Money Market Fund

Tax Benefits

Get tax-free maturity amount subject to Section 10(10D) and tax benefits on premium paid under Section 80 C of the Income Tax Act, 1961.

Flexibility

Option to increase Premium Payment Term and Policy Term

Eligibility Criteria

Plan Option Platinum Platinum Plus
Min Entry Age*
Life Assured - 0 Years (30 Days)
Policyholder - 18 Years
Life Assured - 0 Years (30 Days)
Policyholder - 18 Years
Max Entry Age*
For Life Assured
Policy Term Years
10 - 14 50 Years
15 - 40 55 Years
For Life Assured/Policyholder
Policy Term Years
10 - 14 50 Years
15 - 40 55 Years
Plan Option Platinum Platinum Plus
Maturity Age*
Minimum - 18 Years
Maximum - 75 Years
Minimum - 18 Years
Maximum - 75 Years
Minimum Policy Term
PPT Policy Term
5 Pay, 7 Pay,
Regular Pay		 10 Years
10 Pay 15 Years
PPT Policy Term
5 Pay, 7 Pay,
Regular Pay		 10 Years
10 Pay 15 Years
Maximum Policy Term
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 40 Years
Life Assured is Minor^
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 30 Years Less Entry Age
Life Assured is Major^ (Age >=18)
PPT Policy Term
5 Pay, 7 Pay, 10 Pay 40 Years
Regular Pay 40 Years
Maximum Premium
Premium
Payment Mode		 Amount
Yearly 50,000
Half Yearly 30,000
Quaterly 15,000
Monthly 5,000
Premium
Payment Mode		 Amount
Yearly 50,000
Half Yearly 30,000
Quaterly 15,000
Monthly 5,000
Maximum Annualised
Premium		 2,50,000 2,50,000
Minimum Sum Assured 5,00,000 (10 times of Annualised Premium) 5,00,000 (10 times of Annualised Premium)
Maximum Sum Assured 25,00,000 (10 times of Annualised Premium) 25,00,000 (10 times of Annualised Premium)
Premium Payment Frequency Yearly, Half-Yearly, Quaterly, Monthly Yearly, Half-Yearly, Quaterly, Monthly
*Age is age last birthday
*At date of commencement of policy. Where, Annualized Premium means premium amount payable in a year excluding the taxes, rider premiums and underwriting extra premium on riders, if any.

How it works

A 35-years old, healthy male opts for SUD Life e-Wealth Royale, Plan Option - Platinum & chooses 100% allocation in Blue Chip Fund. He chooses a monthly premium of 5,000 to be paid for 20 years (PPT) & a policy term of 20 years. Hence, total premium payable is 12,00,000.

+ These assumed rates of returns are not guaranteed, and they are not the upper or lower limits of what you might get back, as the value of the fund is dependent on a number of factors including future investment performance

SUD- Smart Healthcare
  • Flexibility to choose from three Plan Options: Cancer Cover I Heart Cover I Heart, Cancer, Liver & Kidney Cover
  • Lumpsum payment on the diagnosis with major/ minor condition of the Critical Illness1
  • Waiver of premium2 for 3 policy years on diagnosis with first Minor Critical illness condition
  • Available through Online Channel#
Key Features
Eligibility Criteria
How it works

Key Features

Maximum of 2 minor CI condition claims3 & 1 major CI condition claim is payable during the policy term4

Flexibility to choose Sum Insured and Policy Term

Received fixed pay-out based on severity of condition, irrespective of actual billing

*Tax Benefits: under Section 80D of Income Tax Act 1961.

Eligibility Criteria

Eligibility Criteria Minimum Maximum
Entry Age
18 Years
65 Years
Maturity Age
23 Years
80 Years
Policy Term
5 Years
30 Years
Annualised Premium
₹ 348
₹ 3,44,058
Premium Payment Term
Equal to Policy Term
Premium Payment Mode
Regular Pay
Premium Payment Frequency
Yearly | Half Yearly | Quarterly | Monthly
Sum Insured *
₹ 5,00,000
₹ 50,00,000
(Age is age last birthday)

*Sum Insured to increase to multiple of ₹ 1 lakhs
1First Minor CI condition– lumpsum payout of 25% of Sum Insured . Major CI condition 100% of Sum Insured less Minor CI conditions claims paid, if any.
2WOP is applicable only on first claim under minor CI condition. In case the outstanding policy term is less than 3 years, then the premiums will be waived for the outstanding policy term only. The WOP benefit is not applicable if minor CI condition is claimed for the second time.
3A cooling off period of 180 between the date of diagnosis of a Minor CI condition claim and date of diagnosis of subsequent Minor CI Condition claim, will be applicable. No multiple claims will be admitted by the Company for same Minor CI conditions under the selected Plan Option. In case if you have opted for Plan Option – Cancer Cover, then multiple minor condition claims for the same organ will not be admitted by the Company. Similarly, no claim will be paid for the same minor condition under Heart/Liver/Kidney Plan Options. Please refer to the sales brochure for more information in this regard.
4The policy will terminate on the payment of benefit towards Major CI condition.
*As per prevailing norms under the Income Tax Act 1961, amended from time to time.
#Online channel is through Company’s website only.

How it works

Benefit explained with Example:
Mr. Rohit, 30 years, healthy male, has opted SUD Life Smart Healthcare (Cover Option – Cancer Cover). The details are as below
Age - 30 years
Premium Frequency - Yearly
Policy Term - 30 years
Premium Paying Term - 30 years
Sum Insured - ₹ 30,00,000
Monthly Premium - ₹ 3,917 (exclusive of applicable taxes)

Mr. Rohit is diagnosed with early stage cancer at the end of 2nd policy year. He received lumpsum payment of Rs.7,50,000 plus his annual premiums are waived off for next 3 policy years. Mr. Rohit continues paying premium again from 6th policy year. At the end of 9th policy year, he got diagnosed with carcinoma in situ , a minor critical illness condition1 where he receives a claim amount of Rs.7,50,000 and his policy will continue for the remaining cover amount2.

At the end of 25th Policy year, his cancer progresses to IVth Stage, a major Critical Illness condition. At this stage, he will receive a total outstanding sum insured of Rs. 15,00,000/- & his policy will get terminate.

1Claims for multiple minor CI conditions on the same organ will not be allowed by the Company
2Only two Minor CI conditions claims will be admitted during the policy term.

Cover Option: Heart, Cancer, Kidney & Liver Cover

Mr. Ravi, age 30 years, has opted SUD Life Smart Healthcare (Cover Option- Heart, Cancer, Kidney & Liver Cover). The details are as below
Age - 30 years
Premium Frequency - Yearly
Policy Term - 30 years
Premium Paying Term - 30 years
Sum Insured - ₹ 30,00,000
Monthly Premium - ₹ 12,729/- (exclusive of applicable taxes)

Mr. Ravi, age 30 years, has opted for Sum Insured of Rs. 30 Lakh with an annual payable premium of Rs 12,729/- for a premium paying term and policy term of 30 years. During the 4th Policy Year, Mr Ravi got a cardiac arrest & had to undergo angioplasty. He received lumpsum of Rs.7,50,000 and his premium for the next 3 years were waived off. Further he was diagnosed with early-stage cancer in the 16th policy year. He received a lumpsum of Rs. 7,50,000 and continues to pay his premium. At the end of 25th policy year, he had to undergo kidney transplant where he was paid the balance sum Insured of Rs.15,00,000 and the policy terminated.

SUD Life Retirement Royale
  • Top-up options to enhance your retirement fund
  • 3Return of Policy Administration Charges (RoPAC) at the end of Policy Term
  • 2Option to Reduce the Premium after 5 policy year
Key Features
Eligibility Criteria
How it works

Key Features

1Option to increase / decrease Premium Paying Term

Option to increase Policy Term5

Partial Withdrawals to provide you flexibility in case of financial emergency6

Available through Online Channel7

Premium redirection option available9

Option to choose from investment strategies in the Benefit Option – Growth Plus

Option to decrease the premium by a maximum of 50% of original annualized premium

Maturity age starts as early as 45 years

Eligibility Criteria

Parameters Minimum Maximum
Age at Entry
25 Years
65 Years
Age at Vesting
45 Years
80 Years
Annualised Premium
For Single Pay : ₹ 10,00,000
For Limited & Regular Pay : ₹2,51,000
No Limit, as per board approved
underwriting policy
Sum Assured
For Single Pay : ₹ 10,50,000
For Limited & Regular Pay : ₹2,63,550
No Limit, as per board approved
underwriting policy
Premium Payment Term (PPT)
Single Pay | Regular Pay | 5 | 8 | 10 | 15 years
Policy Term
PPT PT
Single Pay
For Option Growth Plus: 10 – 40 Years
For Option Secure Plus: 15 – 40 Years
Regular Pay
For Option Growth Plus: 10 – 40 Years
For Option Secure Plus: 15 – 40 Years
5 Years 15 – 40 Years
8 Years 15 – 40 Years
10 Years 15 – 40 Years
15 Years 20 – 40 Years
(Age is age last birthday)

1Policyholder has an option to increase/ decrease the PPT provided all the due premiums for the said year on or before the expiry of grace period, have been paid & must always be in multiples of one year.
2Policyholder has an option to decrease the premium by a maximum of 50% of original annualized premium subject to the minimum premium limits allowed under the given product.
3RoPAC will not apply if the policy is surrender or discontinued during the lock in period. It will be added if the Policy is reduced Paid-up. Total amount of policy administration charges deducted till the vesting date, will be added back as RoPAC to the Fund Value at the end of the Policy term
4As per prevailing norms under the Income Tax Act 1961, amended from time to time.
5The Policyholder will have an option to extend the accumulation period or deferment period in case of change in the policy term provided the policyholder is below an age of 60 years.
6Partial withdrawal are not allowed during the first 5 policy year, it is allowed from 6th policy year and only three partial withdrawals are allowed during the policy term for specified reasons. Partial Withdrawals will not be allowed which would result into termination of policy
7 Online channel is through Company’s website only.
8 Vesting Benefit in Plan Option Secure Plus is higher of FV with ROPAC or 101% of total premiums paid
9 fund switch, premium redirection option is available only under Self-Managed Investment Strategy
This is a Unit Linked Pension Product. Benefits by way of surrender, complete withdrawal or maturity / vesting will be available in the form of annuities except to the extent of commutation of such benefits as allowed under the Applicable Regulations.
Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factor. The premium paid in Unit Linked Life Insurance Policies are subject to Investment Risks associated with Capital Markets and NAVs of units may go up or down based on the performance of the fund and factors influencing the Capital Market and the insured is responsible for his/her decisions. Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or policy document issued by the insurance company. The various funds offered under this product are the names of the funds and do not in any indicate the quality of these, their prospects and returns. The past performances of the funds are not indicative of the future performance of any of the funds available under this Policy. There are no guaranteed or assured returns in this policy, except under Discontinued Policies Fund where the minimum guaranteed interest will be as prescribed by the IRDAI from time to time.

How it works

Benefit explained with Example:

Option : Growth Plus

Mr. Rohit has opted SUD Life - Retirement Royale (Option A- Growth Plus & chooses 100% allocation in Pension Equity Fund). The details are as below
Life Assured Age - 40 years
Premium Frequency - Yearly
Policy Term - 30 years
Premium Paying Term - 30 years
Annualised Premium - ₹ 5,00,000

Note: These assumed rates of returns are not guaranteed, and they are not the upper or lower limits of what you might get back, as the value of the fund is dependent on a number of factors including future investment performance.

Option : Secure Plus

Mr. Rohit has opted SUD Life - Retirement Royale (Option B- Secure Plus & chooses Aggressive Risk Preference). The details are as below
Life Assured Age - 40 years
Premium Frequency - Yearly
Policy Term - 30 years
Premium Paying Term - 30 years
Annualised Premium - ₹ 5,00,000

Note: These assumed rates of returns are not guaranteed, and they are not the upper or lower limits of what you might get back, as the value of the fund is dependent on a number of factors including future investment performance.

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