Product Information
Saving And Investment Plans
Money Back Plus
Synopsis:
This is a participating non linked money back Insurance plan, which caters to your need of periodic payouts at key stages in life along with life cover protection. This plan gives you the flexibility to choose from various term options to meet your financial commitments with the advantage of paying for only half the term along with enhanced savings with Bonuses throughout the term.
Features:
- Survival payouts of upto 130% of Sum assured at regular intervals throughout the term
- Life cover throughout the policy term regardless of the survival payouts already paid
- Additional protection in case of Accidental death through inbuilt Accident Benefit
- Limited premium payment equal to half the policy term
- Enhance your Savings through Compounded reversionary bonus & terminal bonus
- Lumpsum Maturity addition to meet your needs
- Tax benefits u/s 80C & 10(10D) of the Income-Tax Act, 1961
Eligibility:
|
Min entry age (Age as on last birthday) |
2 years |
|
Max entry age (Age as on last birthday) |
51 years |
|
Min maturity age |
18 years |
|
Max maturity age |
75 years |