Product Information
Saving And Investment Plans
Smart Income Plus
Synopsis:
A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns* for the money invested. Investment in this plan helps you fulfill your medium to long term goals such as Child’s Education/ Marriage / Business Start-up and Retirement planning.
Features:
- Flexibility to choose between Regular Income or Endowment options
- Receive Guaranteed Payouts* ranging from 120% to 160% of the Annualised Premium
- Pay for 7/10/12 years, get guaranteed life cover for 15/21/25 years
- Enhance your protection with optional Riders
- Higher benefit for female lives
- Receive tax benefits u/s 80C and 10(10D), as per the applicable Income Tax laws
Eligibility:
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Plan Options |
Option I: Regular Income Option II: Endowment The options can be chosen at the inception of the Policy |
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Plan Parameters |
Minimum |
Maximum |
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Age at Entry (years) |
3 |
50 |
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Age at Maturity (years) |
18 |
For PT 15: 65 For PT 21: 71 For PT 25: 75 |
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Policy Term (PT) (years) |
15/21/25 |
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