Simply choose from our range of Insurance plans below

*If the Sum Assured under the policy is less than 500% of Single Premium:

• Tax benefit u/s 80C will be limited only up to 20% of Sum Assured
• Tax benefits u/s 10(10D) will not be available and benefits received under the policy will be taxable

• Choose how many premiums you want to pay: Choose between One Pay and Five Pay premium payment option
• Choose how long you want to remain invested: Choose a policy term between 10 to 30 years to suit your financial needs
• Enjoy lower effective Fund Management Charge through Loyalty Additions: Get rewarded with Loyalty Additions at the end of every policy year starting from the end of the sixth policy year. The Loyalty Addition paid at the end of the year will be a percentage of the average of daily fund values in that same policy year. The Loyalty Addition will reduce the effective Fund Management Charge (FMC) for your policy as shown below:

*This illustration is for all funds other than the Money Market Fund (SFIN: ULIF 106 24/11/09 LMoneyMkt 105). Also, this illustration does not consider service tax and timing implications.

• Unlimited free switches: Manage your changing financial priorities and investment outlook with unlimited free switches
• Get tax benefits on premiums paid and benefits received as per the prevailing tax laws

• Decide your premium amount and the premium payment option
• Choose the Sum Assured as per your protection needs and age
• Decide where you want your premiums to be invested as per your risk appetite
• On maturity of your policy, receive your maturity benefit as a lump sum or as structured pay out through settlement option to meet your financial goals
• In the unfortunate event of death of the Life Assured during the term of the policy, the nominee will receive the Death Benefit to meet any financial liabilities

• Death Benefit: 

In the unfortunate event of death of the Life Assured during the term of the policy, the nominee will receive Sum Assured (reduced by partial withdrawals) or Fund Value including the Top up Fund Value, if any, whichever is higher.

• Maturity Benefit:

The maturity benefit is Fund Value including the Top up Fund Value, if any. The maturity benefit may be taxable as per prevailing tax laws.

The policyholder shall have an option to receive the Maturity Benefit as a lump sum or as structured payments, using Settlement Option facility.

• Loyalty Additions 

A Loyalty Addition will be allocated at the end of every policy year starting from the end of the sixth policy year. The Loyalty Addition paid at the end of the year will be a percentage of the average of daily fund values in that same policy year. The Loyalty Addition will reduce the effective FMC for your policy as shown below:

*This illustration is for all funds other than the Money Market Fund. (SFIN: ULIF 106 24/11/09 LMoneyMkt 105) Also, this illustration does not consider service tax and timing implications.

• Switch between funds:

You can switch units from one fund to another depending on your financial priorities and investment outlook as many times as you want. All switches will be free of any charge.

We offer several options for you to buy as per your convenience. Choose from one of the following:

• Meet an advisor 
• Visit your nearest branch