SUD Life Abhay is a term assurance plan that offers complete protection for your family in case of unfortunate death of the life insured during the policy term. You can choose an option to choose Life cover or Life cover with Return of Premium. This plan comes with Lumpsum, Monthly Income & Lumpsum plus monthly income death benefit payout options.
Get QuotesIn the event of unfortunate demise of the life assured during the policy term, Sum Assured will be payable to the nominee depending on the death benefit payout option chosen.
Upon choosing Life Cover with Return of Premium option, total premiums paid excluding GST and extra premium, if any will be payable at maturity of the policy.
Factor | Minimum | Maximum |
Age (as on last birthday) | 18 Years | 65 Years |
Age at Maturity | 33 Years | 80 Years |
Policy Tenure | 15 Years | 40 Years |
Premium Paying Term | Single, Regular Pay, 5/10 & 15 Pay | - |
Premium Paying Mode | Single,Yearly, Half-Yearly, Quarterly, & Monthly | - |
Sum Assured | Rs 50 Lacs | Rs 100 Crores (subject To Underwriting) |
?????????You can choose SUD Life Accidental Death and Total & Permanent Disability benefit rider to enhance protection under this plan.?
SUD Life Abhay Term Plan is eligible for Tax benefits as stated:
(Subject to the provision stated therein.)