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POS – SUD Life Sanchay

POS – SUD Life Sanchay is a point of sale Regular Premium Non-Linked Non Participating Endowment Life Insurance Plan that helps in generating supplementary source of income for you and your loved ones.

No medical test.

10 equal annual regular installment of an amount equal to 150% of Annualized Premium will be paid at the end of each year during the Payout Period. (i.e. from 11th Year to 20th Year).

Create supplementary future income.

A life cover with hassle- free issuance.

Income tax benefits are as per Section 80C and Section 10(10D) of the Income Tax Act, 1961.

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Basic Sum Assured

Minimum Basic Sum Assured: Rs. 90,000​​.
Maximum Basic Sum Assured: Rs. 9,00,000.

Premium Payment Term      

Fixed Premium Paying Term of 10 Years.

Policy Term & Payout Term

Fixed Policy & Payout Term of 10 Years.

Premium Payment Modes

You can pay your premium Monthly*/ Quarterly*/ Half-Yearly / Yearly based on your income flow.

Maturity Benefit

In case of maturity of the policy the following benefits are payable :-
Ten (10) equal annual installments of an amount equal to 150% of Annualized Premium at the end of each year during the Payout Period starting from 11th year till the end of 20th Year. The first installment is payable at the end of 11th Year. ​ ​ ​​

Death Be​nefit

In case of death of the Life Insured during policy term following benefits are payable:-
  1. Death during the waiting eriod of 90 days
    Accidental Death – Sum Assured on Death is payable in 10 equal annual installments of 150% of Annualized Premium. The first payment will be made at the time death claim is admitted and settled by the Company and remaining installments would be paid on subsequent death anniversaries.
    Due to any cause other than Accidental Death - 100% of premiums paid excluding Goods & Services Tax, extra premium and loading for modal factor, if any.
  2. Death after completion of waiting period
    Sum Assured on Death is payable in 10 equal annual installments of 150%of Annualized Premium. The first payment will be made at the time death claim is admitted and settled by the Company and remaining installments would be paid on subsequent death anniversaries.

Entry Age

Life Assured: 18 – 45 years ( age last birthday )

Maximum Maturity Age

Life Assured: 55 years ( age last birthday )​
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​ ​​ Product Brochure

Policy Document

​​ Premium Rates

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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, Fax No.: 39472811, CIN No: U66010MH2007PLC174472.

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© Star Union Dai-ichi Life Insurance Company Limited. All rights reserved.