Product Information
Saving And Investment Plans
Smart 7
Synopsis:
A solution that enhances your corpus besides fulfilling your insurance needs. It is a limited premium paying Non Linked Participating Endowment Assurance Plan that helps to simplify your future planning and investments.
Features:
- Pay for a limited period of 7 years and reap benefits in just another 5 years
- Enjoy growth of corpus over 12 years through Compounding Annual Bonus
- Receive a lump sum amount on maturity
- Life protection for the entire term of 12 years
- Enhance your corpus with Additional Bonus at maturity
- Option to enhance protection through rider
- Tax Benefits available under Section 80C and 10 (10D) of the Income Tax Act, 1961
Eligibility:
|
Min entry age |
6 years |
|
Max entry age |
55 years |
|
Max maturity age |
67 years |
|
Policy Term |
12 years |
|
Premium Payment Term |
7 years |