Sampoorn Samridhi Insurance Plan

All You Need To Know

TERMS AND CONDITIONS

Age Limit

Entry age from 18 to 60 years and maximum age at maturity is 75 years

Policy Term

Minimum 5 years to maximum 40 years

Premiums

Pay premiums monthly, quarterly, half-yearly or annually

Premium amounts:

Annual: ₹12,000

Half-yearly: ₹6,000

Quarterly: ₹3,000

Monthly: ₹1000

The above is applicable only on policy terms of 10 years and above

Savings

Get 5% discount on basic premium for sum assured of ₹5 lakhs and above

Tax Benefit

Get tax benefits under 80C and 10(10D) of the Income Tax Act, 1961

Policy Renewal

Renew policy via NetBanking or MobileBankiing after registering under BillPay

Make premium payment through Standing Instruction / ECS

Additional plans

Benefit from additional plans like Children's Plan, Protection Plan, Retirement Plan, and Health Plan

Maturity Benefit

Choice of maturity options:

Enhanced cover option offers life cover till 99 years. On maturity, you will receive: Sum Assured + Reversionary Bonus + any Interim bonus + any Terminal Bonus payable on maturity + Additional Sum Assured on unfortunate death of life assured up to age of 99 years.

Enhanced cash option offers enhanced terminal bonus on maturity. Receive: sum assured + reversionary bonus + interim bonus + terminal bonus + enhanced terminal bonus

Death Benefit

Sum assured plus attached bonuses will be paid to the nominee in case of death by natural causes

Additional sum assured will be paid in case of death due to accident

Important Information

Commission-related information