Star Union Dai-Ichi SUD Life Aarogyam Critical Illness Plan

Policy Benefits

Lump Sum Benefit

• Protects the insured against 40 Critical Illnesses and the plan pays guaranteed amount which is the sum assured opted under the policy on diagnosis of any of the listed 40 critical illnesses. The policy terminates thereafter.
• This plan provides 25% additional cover for Angioplasty during the policy term.

Maturity Benefit

The premiums paid during the policy term are returned at maturity in case of no claim as maturity proceeds.

Death Benefit

There is no death benefit payable under this plan.

How the Plan Works?

Let us understand the plan with the example of Mr. Arjun:

Life Insured: Mr. Arjun

Age: 35 years

Term: 10 years

Sum Insured: Rs 10 lacs

Annual Premium: Rs 15,940 for 10 years

Value Added Benefits

• Avail tax benefits u/s 80D as per IT Act, 1961 for premium paid for this plan.
• Lower Premium rates for female lives.
• Lower premium rates for opting high sum assured.
• Provides flexibility to use benefit amount to balance the loss of income and/ or meet other financial & health liabilities.

Sub Limits

• 25% additional cover for Angioplasty is subject to a maximum of Rs 10 Lacs.

Waiting Period Clause

• Initial Waiting Period: A waiting period of 90 days from the inception date for all claims to be admissible, under this policy.
• Survival Period Waiting Period: There is a minimum survival period of 30 days post each claim.
• Pre Existing Waiting Period: 48 months waiting period applicable with respect to Pre Existing Diseases.