(UIN No: 133L020V01)
Key Features :
- Protection – In case of any unforeseen event, the life insurance cover will
provide financial protection to your family.
- Savings – It works as an attractive tool for long term saving by paying the premiums
for a shorter term or for regular term and obtain attractive tax savings
- Investment – Since the premium paid by you will be invested in the unit linked
funds chosen by you, the policy offers scope for investment value appreciation.
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Benefits :
- Maturity Benefit – On maturity i.e. on survival of the life assured till end of
policy term, the Fund Value as on the date of maturity becomes payable as maturity
benefit & the policy terminates.
- Death Benefit-
Prior to Risk Commencement - If the death of the life assured occurs prior to
the commencement of risk under the policy, we will refund the fund value.
After Risk Commencement- If the death of the life assured occurs
after the commencement of risk, then the Sum Assured plus Fund Value is
payable under the policy.
Within first three policy years, after the risk commencement, if the premiums are
discontinued and the life assured dies during the revival period, we will pay the
Fund Value as on date of death.
Note: If life assured is a minor under age at issue below 10 years, risk
under the policy will commence from the later of
- The policy anniversary falling after life assured attains 10 years of age
- 2 policy years after commencement of the policy
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Investment options :
Your premium is invested in unit funds of your choice. Currently you have a choice
of three investment funds, providing you the flexibility to direct your investments
in any of the following unit linked funds of the Company. The funds invest in a
mix of cash/other liquid investments, fixed interest securities and equity investments
in line with their risk profile.
Future Secure
- Strategy – Investment in low risk assets such as money market
investments.
- Objective – To provide stable returns by investing in relatively
low risk assets. The fund will invest exclusively in treasury bills, bank deposits,
certificate of deposits, other money market instrument and short duration govt.
securities.
|
Composition
|
Min.
|
Max.
|
Risk Profile
|
|
Money Market, Cash and Short Term Debt
|
0%
|
100%
|
Low
|
|
Equity Instruments
|
0%
|
0%
|
Future Income
- Strategy - Investments in assets of low or moderate risk.
- Objective - To provide stable returns by investing in assets of relatively low to
moderate level of risk. The interest credited will be a major component of the fund’s
return. The fund will invest primarily in fixed interest securities, such as Govt.
securities of medium to long duration and Corporate Bonds etc and money market instruments
for liquidity.
|
Composition
|
Min.
|
Max.
|
Risk Profile
|
|
Fixed Income Investments and Money Market Instruments
|
0%
|
100%
|
Low
|
|
Equity Instruments
|
0%
|
0%
|
Future Dynamic Growth
- Strategy - Investments in equities and debt instruments
- Objective - To maximize the participation in an actively managed well-diversified
equity portfolio of fundamentally strong blue chip companies while using debt instruments
to Safe guard the interest of the policyholder.
|
Composition
|
Min.
|
Max.
|
Risk Profile
|
|
Fixed Income Investments and Money Market Instruments
|
0%
|
100%
|
High
|
|
Equity Instruments
|
0%
|
100%
|
Premium Table
Click Here To Calculate Premium
(Site 1)
Click Here To Calculate
Premium (Site 2)
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