Appendix

Entry Age*

Min

90 Days

Max

65 Yrs

Maturity Age*

Min

18 Yrs

Max

75 Yrs

Policy Term

For Limited/Regular Pay

Age (Last Birthday) Policy Term
Minumum Maximum
0-40 5 Years 30 Years
41-65 5 Years 25 Years
For Single Pay:
Minimum: 5 Years
Maximum: 10 Years

Premium Payment Term

Single Pay,Limited Pay or Regular Pay
For Limited/Regular Pay:

Age (Last Birthday) Premium Payment Term
Minumum Maximum
0-40 5 Years 30 Years
41-65 5 Years 25 Years

Premium

Minimum Premium: Single Pay: 1,20,000 For Limited/Regular Pay:
Frequency Minimum Premium
Annual ₹36,000
Half-Yearly ₹18,000
Quarterly ₹9,000
Monthly* ₹3,000
Maximum Premium:Subject to underwriting Top Premium: Minimum: R5,000 Maximum: Sum of total base Premiums paid till date of Top-Up payment

Minimum Sum Assured

A multiple of Annualized Premium as defiend below:
Premium
Paying Term
Age at entry
< 45 Years
Age at entry
>= 45 Years
Single Pay 1.25 x SP 1.25 x SP
Limited/
Regular Pay
Higher of 10xAP
or
0.5 X PT X AP
Higher of 7xAP
or
0.25 X PT X AP
AP: Annual Premium >PT: Policy Term Top-Up: 1.25 x Top-Up Premium

Maximum Sum Assured

A multiple of Annualized Premium as defiend below:
Age at Entry Single Pay Limited/Regular Pay
Up to 30 1.25 30
31 – 35 20
36 – 40 15
41 – 44 12.5
45 – 55 10
56 & above 7
Top-Up: 1.25 x Top-Up Premium

Premium Payment MODE

  1. Single
  2. Annual
  3. Half-Yearly
  4. Quarterly
  5. Monthly**
* Age as on last birthday ** Monthly Mode of Premium Payment is available only through Credit Card, Direct Debit and ECS

Premium Bands

Following Premium Bands would be applicable:

Premium Band Limited/Regular Pay Single Pay
Band 1 ₹36,000 to ₹1,19,999 NA
Band 2 ₹1,20,000 to ₹2,99,999 ₹1,20,000 to ₹2,99,999
Band 3 ₹3,00,000 & above ₹3,00,000 & above

Tax Benefits

Tax benefits will be applicable as per prevailing tax laws. Tax laws are subject to change. Please consult your tax advisor for details.

Exclusions

Suicide Exclusion: In case of death due to suicide or attempted suicide, whether sane or insane, within 12 monthsfrom the date of inception of the Policy or from the date of revival of the Policy, the nominee(s) or beneficiary of thePolicyholder shall be entitled to the fund value available as on the date of death and the charges, if any levied subsequentto the date of death shall also be paid back along with such death benefit.