Star Union Dai-ichi Life Insurance offers savings plans that assist the policyholder in building more savings to meet future contingencies and needs. There are three Savings Plans - the Guaranteed Money Back Plan, Jeevan Ashray and Aayushmaan.
This is a traditional protection cum savings plan that assures Money Back after every 5 years. This plan helps to meet short term and long term financial goals of the policy holder and also protects the policy holder's family in the event of death of the policy holder.
Benefits
SUD Life Jeevan Ashray is a non-linked non-participating endowment assurance plan that assures a stable growth in savings for the policy holder. This life insurance plan is affordable and also offers financial coverage to the policy holder's family in case of any unforeseen contingencies.
Benefits
SUD Life Aayushmaan is a Non-Linked Deferred Participating Plan offered by Star Union Dai-ichi Life Insurance as a part of its Savings Plans. This plan offers lifelong financial protection to the policy holder and pays out benefits in lump sum. There are various bonuses and additions on the premium paid by the policy holder that helps to increase the benefits over the policy period.
Benefits
GST of 18% is applicable on life insurance effective from the 1st of July, 2017
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