Eligibility

 

Age at entry##

Minimum:18 Years

Maximum:50 Years

Maximum Maturity Age##

65 Years

Policy Term

10 Years

15 Years

Premium Payment Terms

7 Years

8 Years /10 Years

Monthly income

Minimum:2,000

Maximum:No Limit, subject to Underwriting

Base Sum Assured

Monthly Income at inception X Premium Payment Term X 12

Minimum:1,68,000

Maximum: No Limit, subject to Board approved underwriting policy

Premium Paying Mode

Yearly, Half-Yearly and Monthly*

Annual Premium

Minimum:26,638 (Yearly)

 

## Age as on last birthday

*Monthly mode of Premium payment is available only through credit card, direct debit and ECS.

Substandard lives may also be covered subject to Company’s underwriting norms and with any extra Premium, as applicable

Service tax and Swachh Bharat Cess as applicable will be charged over and above the quoted Premium.

 

Premium Discounts/Rebates

The Company will offer a Premium discount on the first policy year as mentioned in the below table, for policies sold to its employees and employees of the DHFL group companies and its subsidiaries.

 

Premium Payment Term Discount on First Year Premium
7 17.50%
8 20.00%
10 25.00%

 

For Policies bought online directly by prospective Policyholders, a discount of 3% would be provided on each premium paid.