Vercel Logo
Vercel LogoVercel Logo
Vercel Logo
Vercel Logo

Maturity boosters to enhanc...

Vercel Logo

Bonuses when declared help ...

+3

More Features

Let’s Start Planning Your

Future Fearless Today!

ABOUT LIFE ADVANTAGE PLUS PLAN

What all we offer with this plan

You have worked hard to fulfil your family’s needs and provide your loved one’s with a comfortable life, today, tomorrow, and always.

A comprehensive financial life insurance plan that ensures these dreams are fulfilled irrespective of an eventualities. It offers life
cover as well as guaranteed payouts to fulfil all your dreams.

ELIGIBILITY CRITERIA

Secure your family’s dream

Minimum 0 Years

Maximum 55 Years

Minimum 18 Years

Maximum 61 Years

Minimum Rs. 18,000

Maximum No Limit

Minimum 11 Years

Maximum 20 Years

Minimum 6 Years

Maximum 15 Years

Tenure Annual / Half Yearly

UIN (135N078V01)
For more details on plan eligibility, please refer to the sales brochure.
KEY BENEFITS

Why this plan suits your needs

KEY BENEFITS

Why this plan suits your needs

Vercel Logo

Maturity boosters to enhance your savings

Vercel Logo

Bonuses when declared help build-up your corpus

Vercel Logo

Choice of policy terms and premium paying terms to suit individual needs

Vercel Logo

Security for family through life cover

Vercel Logo

Tax benefits on premiums paid and benefits received as per tax laws

EVERYTHING ABOUT LIFE ADVANTAGE PLUS PLAN

All your questions answered

The plan rewards you with Maturity Boosters every year starting 5th policy year for honouring your premiums commitments. Maturity Boosters are guaranteed benefits and are added to your policy, every year starting from the fifth policy year till the end of premium paying term, provided all due annualized premium are paid.

On survival of the life assured to the maturity date, provided all due premiums have been paid in full and the policy is in force, we shall pay the maturity benefit as - Maturity Sum Assured plus Vested Maturity Boosters, plus Vested Simple Reversionary Bonus (if any), plus Interim Bonus (if any), plus Terminal Bonus (if any) Once the maturity benefit is paid out, the plan terminates.

In case of death of the Life Assured during the policy term, death benefit would be paid to the nominee which is higher of death sum assured or fund value or 105% of the single premium received.

NEED MORE OPTIONS?

Browse our other savings plans