Page 38 - Insurance Times March 2019

Life Insurance Plan

Sud Life Jeevan

Ashray

from Star Union Dai-Ichi Life

Insurance Co. Ltd.

SUD Life Jeevan Ashray is an affordable life insurance Premium Payment Mode-
plan that assures a steady growth of your savings and also  Annually or half-yearly or quarterly or monthly#
provides financial protection to your family in case of un-
certainties. Guaranteed Maturity Benefit
 For policy term of 15 years- 115% of Basic Sum Assured
Benefits
 For policy term of 20 years- 120% of Basic Sum Assured
 Financial protection to your family at an affordable
price Death Benefit

 Guaranteed Benefit of up to 120%*of Sum Assured on  Death Sum Assured$
maturity # For monthly mode, the payment needs to be done

 Income tax benefits under Sec 80C & 10 (10D)# through ECS/SI only
* Depending upon the policy term $ Death Sum Assured= 10 times the Annualised premium
(where annualized Premium for the purpose of death sum
# Tax benefits are subject to change in tax laws from time
assured refers to premium payable in a year excluding any
to time. Prevailing benefits would be applicable as per the
extra premium, service tax and loading for modal factors,
prevailing laws from time to time.
if any) or Guaranteed Maturity Benefit or Absolute amount
Key Features assured to be paid on death (i.e. Basic Sum assured) or
105% of all premiums paid (excluding any extra premium,
Basic Sum Assured
and service tax, if any) as on date of death, whichever is
 Min- Rs. 2 lacs
higher.
 Max- Rs. 50 lacs
Eligibility
Policy Term
 Regular & 10-Years Limited Pay: Fixed Policy Term of Age at entry-
15 years and 20 Years  Minimum- 8 years
 15-Years Limited Pay: Fixed Policy Term of 20 Years  Maximum- 40 years for Regular Pay and 50 years for
Limited Pay
Premium Payment Term-
 Regular- throughout the policy term Maximum Maturity Age-
 Limited- 10 Years or 15 Years  70 years

!! Hearty Congratulations !!

Thanks readers for excellent response for our Insurance Quiz published in our February 2019 issue. This month the
lucky winner of the Quiz is Mahesh Santani.
Who will be the next?????

38 The Insurance Times, March 2019