Policy holder can opt for lump-sum or monthly payout option. Nominee can get the sum assured amount benefit in equal monthly installments or as an upfront lump-sum amount.
Term Insurance provides regular source of income to family members in your absence. Nominees can thus meet temporary needs such as home loan repayments, education loan installments etc .
Avail tax saving-benefits under section 80C and 10(10D) of the Indian Income Tax Act with your Term Insurance policy.
Nominee can opt to get the sum assured amount benefit in equal monthly installments over a period of 5 or 10 years.
Policy holders can avail the benefit of attractive high sum assured rebate if they opt for a high sum assured amount.
Policy holders can alter the term insurance premium payment frequency as per their ability to re-pay. The payment of premiums can be: monthly, quarterly, semi-annual or annual.
Get cover up to 75* years of age as per your requirements.
Cover critical illness and accidental death with option of add-on.