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LifeGuard offers a choice of 2 life insurance plans: LifeGuard with Return of Premium and LifeGuard Single Premium. Take a look at the features and benefits of the plans:
Death benefit: Provide for your beneficiary to receive the Sum Assured should something happen to you.
Extended life cover: Invest in LifeGuard with Return of Premium plan and safeguard your family with an additional cover—at 50% of the original Sum Assured—for 5 years after your policy terminates.
Additional riders: Protect your family from accidents and disability by adding on the Accident and Disability Benefit Rider (ADBR) and the Waiver of Premium Rider (WOPR).
- ADBR: The rider benefit amount will be paid to your family in the event of death or disability due to an accident.
- WOPR: In the case of total and permanent disability due to an accident, all further premiums will be waived and policy benefits will continue.
Tax benefits: Receive tax deductions on premiums paid (u/s 80 C). Enjoy tax exemptions on maturity proceeds and death benefits [u/s 10 (10 D)] as per prevailing Income Tax laws.
Maturity benefit: Invest in LifeGuard with Return of Premium plan and receive all the premiums you have paid, when your policy matures.
If you would like to know more about this plan, please click here for our advisor to contact you!
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