Product Information
Wealth Plans
Wealth Maxima
Synopsis:
A Non-Participating Unit Linked Whole of Life plan that maximizes your long term financial security.Investment in this plan can help you fulfill your medium to long term goals such as children's education, retirement planning and creating legacy for future generations.
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 LimitedPay – 7/8/9/10/15 and 20 years |
|
Pay Mode |
Single, Annual, Semi-Annual, Quarterly, Monthly |
|
Minimum Premium |
Single Pay – Rs 5,00,000 Limited Pay – Rs. 2,50,000 per annum |
|
Maximum Premium |
No Limit |