Criteria |
Flexi Cash
Flow Money Back Plan |
Eligibility |
1
- 65 years |
Min.
Deposit Amount |
NA |
Minimum
Face Amount (Sum Assured) |
Rs.
50,000 for minors and Rs. 75,000
for adults |
Plan
duration |
As
per policy terms - 10, 15, 20, or
25 years |
Vesting
age |
NA |
Premium
paying period |
Single
pay, 5, 10, 15, 20 years or over
the duration of the plan |
Premium
payment frequency |
Annually,
semi-annually, quarterly, monthly,
or one-time pay |
Free
look period |
Review
your decision for 15 days from the
date of receipt of policy document |
Transparency
in surrender values |
Know
the amount due in case of premature
plan termination |
Maturity
benefits |
Policy
fund |
Riders |
Accidental
death & dismemberment, term,
ciritcal illness and waiver of premium
riders |
Unique
Features
- Choice of 3 investment options
- Track fund performance
- Access to your funds
- Death benefits |
Protector, Builder and Enhancer
Available on the Website
Loans, withdrawals and surrender
face amount + Policy fund
|
Tax
benefits (as per current tax legislation) |
As
per sec 88 and sec 10 (10D) of the
Income Tax Act, 1961 |
