
A non-linked, non-participating life insurance plan (UIN: 135N050V05)
A non-linked, non-participating life insurance plan (UIN: 135N050V05)

| STAGE | MINIMUM | MAXIMUM |
|---|---|---|
| Age At Entry | 8 years | 50 years |
| Age At Maturity | 18 years | 60 Years |
| Minimum | Maximum |
|---|---|
| Rs 15000 | Rs 1 Lakh |
| Minimum | Maximum |
|---|---|
| 10 years | 15 years |
| Minimum | Maximum |
|---|---|
| 5 Years | 10 Years |
References to the Income-tax Act, 1961 shall be construed as references to the Income-tax Act, 2025, including all corresponding provisions and relevant sub-sections thereof.
UIN (135N050V05)
| STAGE | MINIMUM | MAXIMUM |
|---|---|---|
| Age At Entry | 8 years | 50 years |
| Age At Maturity | 18 years | 60 Years |
| Minimum | Maximum |
|---|---|
| Rs 15000 | Rs 1 Lakh |
| Minimum | Maximum |
|---|---|
| 10 years | 15 years |
| Minimum | Maximum |
|---|---|
| 5 Years | 10 Years |
References to the Income-tax Act, 1961 shall be construed as references to the Income-tax Act, 2025, including all corresponding provisions and relevant sub-sections thereof.
UIN (135N050V05)
For more details on plan eligibility, please refer to thesales brochure
If you choose the Endowment option at the inception, you will receive a lump sum payout at the end of policy term whereas if you choose the Income option you will receive regular income every year from the end of 6th year till end of the 10th year.
For income option, you will receive Guaranteed Annual Payouts (GAP) on survival of life insured till the end of each policy year, from end of 6th year till end of policy term i.e. 10th year, provided the policy is in force and all due Premiums have been paid to date.
You will receive Maturity sum assured (MSA) on survival of the life insured till maturity. This is defined as a percentage of the total annualized premiums payable and depends on age at entry of the life insured and the premium amount.