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SUD Life Aadarsh

142N054V04 - Individual Non-Linked Non-Participating Savings Life Insurance Plan

SUD Life AADARSH is a limited premium non-linked non-participating endowment life insurance plan. It offers you the benefits of your savings. It provides a guaranteed maturity benefit with a short premium paying term and protects you with an inbuilt additional accidental death benefit.

Key reasons to buy this plan

Ideal short-term savings plan
Guaranteed maturity benefit
Enhanced life cover with additional death benefit in case of death due to accident
Tax benefits: Income Tax rebate u/s 80C and 10(10D) of Income tax Act, 1961. Tax benefits are as per the prevailing tax laws and subject to change from time to time. Conditions apply.
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Benefits

Benefits

  • In case of death due to accident, benefit equal to twice the death sum assured is payable to nominee of the life assured
  • Provides a life cover for 10 years with a fixed premium payment term of 5 years
  • Income tax rebate u/s 80C and 10(10D) of Income tax Act, 1961. Tax benefits are as per the prevailing tax laws and subject to change from time to time.

Key Features

Basic Sum Assured

  • Choice amongst three Basic Sum Assured Options- Rs. 50,000, 3 Lakhs, 5 Lakhs, 10 Lakhs, 15 Lakhs, 20 Lakhs and 25 Lakhs

Premium Payment Term and Policy Term

  • Policy Term :10 years (Fixed)
  • Premium Payment Term : 5 years (Fixed)

Premium Payment Term

  • Monthly (ECS/SI only)
  • Quarterly (ECS/SI only)
  • Half-Yearly
  • Yearly
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Eligibility

Entry age

  • Minimum age - 8 years - (as on last birthday)
  • Maximum age – 55 years (as on last birthday)

Maximum Maturity age

  • 65 years (as on last birthday)

Downloads

Product Brochure

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Policy Document

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CIS

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Key Features Document

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Presentation

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