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Take a look at the features and benefits of the plan:
Death benefit: Provide for your beneficiary to receive the Sum Assured should something happen to you.
Maturity benefit: There are no maturity benefits available under this plan.
Tax benefits: Receive tax deductions on premiums paid (u/s 80 C). Enjoy tax exemptions on death benefits [u/s 10 (10 D)] as per prevailing Income Tax laws.
Additional Benefits
For added protection of your family against any unfortunate eventualities, we offer you the following benefits at a nominal extra cost.
Accidental Death and Disability Benefit Rider:
• On death of the life assured due to an accident, the beneficiary gets the additional Sum Assured under the Rider.
• In case of death due to accident while the life assured is using, as a fare paying passenger, authorized public mass surface transport, namely bus or train, operating under terms of such authorization the beneficiary gets twice the Sum Assured under the rider.
• In the event of total and permanent disability, 10% of the Rider Sum Assured is paid out every year, for 10 years.
Waiver of Premium Rider:
• In case of total and permanent disability due to an accident, under this rider the company will pay the remaining premiums till maturity.
* For rider exclusions, please refer to the detailed rider brochure.
If you would like to know more about this plan, please click here for our advisor to contact you!
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