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SUD Life AADARSH

SUD Life AADARSH is a Limited Premium Non-Linked Non-Participating Endowment Life Insurance Plan that offers you benefits of savings and protection for you and your loved ones.

This plan offers you a Guaranteed Maturity Benefit with a short premium paying term and enhances your protection with an inbuilt additional accidental death benefit.

For more details please refer brochure in downloads section.

Guaranteed Maturity Benefit equal to Basic Sum Assured

Enhances life cover with additional Death Benefit in case of death due to accident

Ideal short term savings plan providing 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.Conditions Apply.

Basic Sum Assured

Choice amongst three Basic Sum Assured Options- Rs. 50,000, Rs. 3 Lakh and Rs. 5 Lakh

Premium Payment Term and Policy Term

Policy Term :10 years (Fixed)

Premium Payment Term : 5 years (Fixed)

Premium Payment Modes

Monthly^*

Quarterly^*

Half-Yearly

Yearly

* Monthly and Quarterly modes are allowed through ECS/SI only

Maturity Benefit

On survival of the Life Assured till the end of the Policy Term, provided the policy is In-force, Guaranteed Maturity Benefit which is equal to the Basic Sum Assured will be paid.

Death Benefit

On death of the Life Assured during the Policy Term due to causes other than accident, provided the policy is in-force, the Death Sum Assured will be paid as lump sum to the Beneficiary.

On death of the Life Assured during the Policy Term due to accident, provided the policy is in-force, the benefit equal to twice the Death Sum Assured will be paid as lump sum to the Beneficiary.