Eligibility criteria
Entry Age
- Minimum Age is 0 years.
In the case of a minor life, the risk cover will commence immediately on the date of commencement of policy, and the policy will vest on the life assured on the attainment of majority (i.e., 18 years)
- Maximum age is 65 years
Maturity Age
- Minimum age at maturity: 18 years
- Maximum age at maturity: 75 years
Premium Payment Term/ Policy Term
| Policy term (in years) |
10 |
15 |
20 |
25 |
30 |
| Premium Payment term
(in years)
|
5 to 7 |
5 to 10 |
5 to 15 |
5 to 20 |
5 to 25 |
Minimum Sum Assured: 7 times of Annualized premium
Maximum Sum Assured:
| Age |
Premium Multiplier |
| 0-30 years |
40 times |
| 31 – 40 years |
30 times |
| 41-45 years |
15 times |
| 46-65 years |
10 times |
Min/ Max top up sum assured: 1.25 times of Top-up Premium.
Premium Payment Frequency
Yearly, Half-yearly, Quarterly & Monthly options available
Minimum premium:
| Mode |
Premium |
| Annually |
₹ 48,000 |
| Half-yearly |
₹ 24,000 |
| Quarterly |
₹ 12,000 |
| Monthly |
₹ 4,000 |
Maximum Premium: As per board approved underwriting policy
