Product Information
Saving And Investment Plans
Secure 7
Synopsis:
A limited premium paying Non-Linked Non-Participating Endowment Assurance Plan that meets tomorrow's requirements along with protecting your future, loved ones and dreams as it ensures you of guaranteed returns for the money invested.
Features:
- Pay for just 7 years and receive a Guaranteed Annual Income* for the next 7 years.
- Protection against uncertainties of life for the entire policy term
- Protection of the Guaranteed Annual Income against erosion due to inflation
- Option to enhance protection through rider
- On maturity, 25% of the Basic Sum Assured is payable
- Tax Benefits available under Section 80C and 10 (10D)
Eligibility:
|
Min entry age |
18 years |
|
Max entry age |
55 years |
|
Max maturity age |
69 years |
|
Policy Term |
14 years |
|
Premium Payment Term |
7 years |
|
Minimum Premium |
Rs.40000 |
|
Minimum Basic Sum Assured |
Rs. 2,50,000 (subject to minimum premium criteria and in multiples of Rs. 1,000) |