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 Home > Life Insurance Plans > Protection Plans > Features and benefits of Save'n'Protect protective life insurance
Why Save'n'Protect
Save'n'Protect at a glance
Features and benefits of Save'n'Protect
Download the Save'n'Protect brochure
 

Features and benefits of Save'n'Protect

whole life insurance policies

When you invest in Save’N’Protect, you give yourself the guarantee of safeguarding your family’s well being in addition to savings towards some important goals.

 

Take a look at the features and benefits of this plan:

Sum Assured: Choose your Sum Assured depending on the level of cover with which you want to protect your family. The minimum Sum Assured is Rs. 50,000.

3 premium paying modes: Choose to pay your premium in monthly, bi-annual or annual installments. Your premium is determined based on your age and the Sum Assured you choose.

Death benefit: Your nominee will immediately receive the Sum Assured and accrued guaranteed and vested bonuses, should something happen to you.

Maturity benefit: Receive guaranteed and vested bonuses plus the Sum Assured when your policy matures.

Extended life cover: Opt to protect your family even after you have stopped paying the premium. Enjoy an extended cover for 5 years, at 50% of the Sum Assured, after your policy matures.

Additional riders: Keep your family financially secure even in the event of a critical illness, accident and disability. Invest in Critical Illness Rider (CIR), Accident and Disability Benefit Rider (ADBR) and Accident Benefit Rider (ABR).

Tax benefits: Enjoy tax deductions on your premiums (u/s 80 C) and tax exemptions on maturity proceeds and death benefit [u/s 10 (10 D)] as per prevailing Income Tax laws.
YES! I want to apply for Save’n’Protect NOW! Send your insurance advisor to meet me!

 

If you would like to know more about this plan, please click here for our advisor to contact you!

 

 

 

 

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