This participating traditional plan is ideal for those who seek benefit of bonuses.
Pay as much you need to. There is no limit on max premium you can invest.
Choose from range of investment horizon of 10 years to 40 years.
Assured benefit on death is 101% of all premiums (excluding taxes) paid till date. In addition accrued bonuses will also be paid. The minimum level of death benefit at all times will be 105% of the premiums paid.
Tax benefit* u/s 80 CCC of the IT Act
A significant part of the policy benefits will not available as a lump sum but would need to be mandatorily taken as annuity.