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This plan is a simple, hassle free term insurance plan specifically to cater to the rural segment of the population.This plan offers financial protection to your family in case of an unfortunate demise of the policy holder.The plan offers only a death benefit in case of an unfortunate demise of the policyholder during the policy term.BUY NOW
The nominee will receive the higher of the following only if the policy is premium paying:
This plan provides no maturity benefit.
No surrender value under this plan.
No riders applicable under this plan.
The premium paid and the death benefits received are liable for the income tax benefits under section 80C and 10 (10 D) of Income Tax Act,1961.
|Age (as on last birthday)||18 Days||55 Years|
|Age at Maturity||23 Years||60 Years|
|Policy Tenure||5 Years||15 Years|
|Premium Paying Term||Regular, Limited Or Single Pay Years||-|
|Premium Paying Mode||Monthly, Quarterly, Semi Annually & Annually||-|
|Sum Assured||Rs 30,000||Rs 2 Lac|
|Grace Period||30 Days||-|