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SUD Life Sampoorna Loan Suraksha

​​​​​​​ ​SUD Life Sampoorna Loan Suraksha is a Non-Linked Non-Participating Group Credit Life Insurance Product which is especially designed to cater to the needs of borrowers for​ all types of loans including home loan, education loan, vehicle loan and personal loan. It is an economical way of ensuring that loan amount i​s protected in the case of unfortunate demise of the borrower. The plan gives you peace of mind by paying the outstanding loan amount in case of death of life assured.​

Offers protection against all types of loan liability

Affordable Low-Cost Loan Insurance Plan

Attractive options on Joint Borrowing

Income Tax benefits under section 80(C) & 10 (10D)*

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* Tax benefits are subject to change in tax laws from time to time. Prevailing benefits would be applicable as per the prevailing laws from time to time.​

​ParametersMinimumMaximum
Age at Entry (last birthday)1565
Age at Maturity (last birthday)​75
Initial Sum Assured (Rs.)50,000100 crores
Single Premium5024,69,80,000
Premium Payment Term (years)Single
​Policy Term (years)**230
Premium Payment ModesSingle​​

**Max PT = Moratorium Period + Repayment Period

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Registered with IRDAI as Life Insurance Company, Registration No. 142.

Registered Office : 11th Floor, Vishwaroop I.T . Park, Plot No. 34, 35 & 38, Sector: 30A of IIP, Vashi, Navi Mumbai – 400 703.

Telephone No.: 022-39546200 / 71966200, Fax No.: 39472811, CIN No: U66010MH2007PLC174472.

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