• Minimum – 18 years.
• Maximum – 55 years.

• Death Sum Assured plus Accrued Simple Reversionary Bonus and Terminal bonus, or
• 105% of all premiums paid.

Where the Death Sum Assured is the higher of:

• 10 times the annualized premium, or
• Base Sum Assured, or
• Maturity Sum Assured.

Base Sum Assured is = 11 times the annualized premium.

Maturity Sum Assured is = 135 times the chosen monthly income.

Maturity Benefit – On completing the policy term, the policyholder will be entitled to the following:

• Chosen monthly income for the next 15 years. The first monthly income payout starts on the expiry of one month after the maturity. Plus,
• Option to take accrued bonus as lumpsum, and
• Option to enhance monthly income through accrued bonus.

The Guaranteed Surrender Value (GSV) is:

• If all the premiums are paid for at least 3 full policy years, the policy acquired the GSV.
• 30% of the total premiums paid, if surrendered between the 2^nd and 3^rd year.
• 50% of the total premiums paid, if surrendered between the 4^th and 7^th year.
• 70% of the total premiums paid, if surrendered in the 8^th year.
• 90% of the total premiums paid if surrendered in the last 2 years of the policy.

The Special Surrender Value (SSV) is:

• (Maturity Sum Assured x Number of premiums paid / Number of premiums payable) + (The accrued Simple Reversionary Bonus).

Get tax benefits on buying the policy, and tax free regular monthly income.

Reinstatement can be requested up to 2 years from the date of the first non-paid premium.

Reinstatement is subject to receipt of a letter showing proof of insurability along with a formal request for reinstatement, and all the unpaid premiums, along with interest.

All premiums due till the date of reinstatement must be paid along with compound interest at the rate prescribed by the company.

• The payment of last monthly income at the end of the benefit payout period.
• Payment of death benefit during the policy term.
• Date on which the policy is surrendered.
• Upon the expiry of two years from the date of policy lapse. When the policy is not reinstated, provided that the policy has not acquired any paid up value.
• On the payment of the maturity benefit.

• In the event that the policyholder commits suicide within one year from the commencement of insurance coverage, 80% of the premium received (without interest) will be payable to the nominee.
• If the policyholder commits suicide within one year from reinstatement of the policy, insurance coverage will be void and 80% of the premiums received (without ROP) will be paid to the nominee.