Product Information
Wealth Plans
Fortune Maxima
Synopsis:
A Non-Participating Unit Linked Whole of Life Plan that allows you to fulfill this critical life need with a greater degree of efficiency.
Features:
- Pay premiums once or for a limited period and get Insurance protection for your entire life
- Regular Loyalty Additions are credited to the policy to boost your investments
- Flexibility to choose from 11 Fund options for enhanced investment opportunities
- Option to customize your plan with three additional unit deducting riders
- Choice of Enhanced Systematic Money Allocation & Regular Transfer Investment Portfolio Strategy
- Top-up facility to further augment your portfolio
- Flexibility of Partial Withdrawals after five policy years to meet your financial needs
- Tax benefits u/s 80C and 10 (10D) of the Income Tax Act, 1961
Eligibility:
|
Minimum Issue Age |
0 years (30 days) |
|
Maximum Issue Age |
60 years |
|
Maximum Maturity Age |
100 years |
|
Policy Term |
100 minus Issue age |
|
Premium Paying Term |
Single Pay Limited Pay –7/8/9/10/15 and 20 years |
|
Pay Mode |
Single, Annual, Semi-Annual, Quarterly, Monthly |
|
Minimum Premium |
Single Pay – Rs. 1,00,000 Limited Pay – Rs. 50,000 per annum |