- Step 1: Choose Your Variant^
| Variant |
Benefits |
|
Death Benefit |
Terminal Illness |
ADB |
WOP on ATPD/TI |
Return of Premiums |
| Life Shield Plus |
✓ |
✓ |
✓ |
✓ |
× |
| Life Shield ROP |
✓ |
✓ |
× |
✓ |
✓ |
^The variant chosen at inception cannot be changed during the policy term.
- Step 2: Choose Your Sum Assured
Decide on the level of protection by choosing the sum assured you need to safeguard your family’s future
- Step 3: Choose Your Death Benefit Payment Option
Select how your family will receive the Death Benefit in your absence:
a) A one-time lump sum, or
b) Partly as lump sum & partly as monthly income for 60 months
- Step 4: Choose Your Policy Term And The Premium Payment Term (As Applicable)
Select the period for which you want to get life insurance protection and the period for which you want to pay the premium
- Step 5: Choose Your Premium Payment Frequency
Depending on your convenience you can decide the interval at which you would prefer to pay the premium during the premium payment term.
Your premium will be based on your current age, gender, sum assured, variant, death benefit pay-out option, policy term, premium payment term & frequency, etc.
