Assured Savings Insurance Plan Calculator

• Premium Payment Term
• 5 Years
• 7 Years

• Policy Term
• 10 Years & 15 Years
• 10 Years &
  15 Years
• 15 Years

• Policy Term
• 10 Years
• 15 Years

• Minimum Age
• 8 Years
• 3 Years

• Maximum Age
• 60 Years
• 57 Years

~ ^ Conditions apply

~ Conditions apply

Guaranteed Additions^{^} (GAs) will be added to the policy at the end of every policy year if all due premiums have been paid. Each Guaranteed Additions is equal to Guaranteed Addition rate multiplied with the sum of premiums paid till the date. GA rates depends on policy term. For more details please refer to the leaflet

^ Conditions apply

On death of the life assured during the policy term, for a premium paying or fully paid policy, the following will be payable: Death Benefit is equal to A or B or C, whichever is highest

Where,

A= Sum Assured plus accrued Guaranteed Additions

B= GMB plus accrued Guaranteed Additions

C= Minimum Death Benefit

Sum Assured on death is equal to 10 times of annual premium. Minimum Death Benefit is equal to 105% of sum of premiums paid till date (excluding extra mortality premiums, Goods & Services Tax and Cess (if any)).

If premium payment is discontinued after your policy has acquired a surrender value, your policy will continue as a ‘paid-up’ policy with reduced benefits. If you discontinue premium payment before your policy has acquired a surrender value, your policy will lapse and no benefits will be paid. For more details, please refer to the leaflet