Page 41 - Insurance Times February 2016
P. 41
Life Insurance Plan
SUD Life Family
Income Benefit Rider
- Traditional
from Star Union Dai-ichi Life Insurance
SUD Life Family Income Benefit Rider - Traditional Limited Premium: 5 - 25 years.
provides financial protection to your family in the event of Rider Sum Assured:
your unfortunate demise. It protects the family against
financial liabilities in case of unfortunate demise of the Minimum: Rs. 1,00,000/- per policy
policy holder. Maximum: Rs. 50,00,000/- per policy
Benefits: Premium Paying Modes:
10% of the Rider Sum Assured will be paid* to the nomi- Single/ Yearly/ Half Yearly/ Quarterly/ Monthly modes as
nee/Legal heir every year for a period of 10 years in case per the base individual policy to which this rider would be
of unfortunate death of the life assured as follows: attached. Monthly mode of premium payment is only
(10% of Rider Sum Assured)/12 will be paid at the end available under ECS/SI mode.
of every policy month following the date of death of Disclaimer- *provided the base policy is In-force and all
the Life Assured and continuing for a period of 10
Years due premiums under the base policy are paid, subject to
the satisfaction of age, policy term and other rider limita-
The rider benefit is payable over and above the benefit tions.
payable under the base plan.
Disclaimer- *provided the rider policy is in-force as on the Eligibility:
date of death of the Life Assured.
Minimum Entry Age: 18 years last birthday
Key Features: Maximum Entry Age: 60 years last birthday
Maximum Maturity Age: 65 years last birthday or the
Offered as an add-on benefit to the base plan. Can be
attached to the base policy at inception or on any Policy maturity age of the base plan, whichever is lower
Anniversary*.
We welcome you to join Indian Insurance Club. This
Policy Term: google group has been created by the Insurance
times group. This will be a discussion forum for vari-
Minimum: Single and Regular Pay: 5 years, Limited ous issues related to the Insurance Industry.
Pay: Premium Payment term +3 Years.
So, hurry up and join the club now with free sub-
Maximum: 30 years scription.
indian-insurance-club@googlegroups.com
Premium Payment Term:
To join this group please send your name, email
Single Premium id and mobile no at insurance.kolkata@gmail.com
Regular Premium: Equal to the Policy Term
The Insurance Times, February 2016 41
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