SUD Life Abhay

​​​​​​​​​SUD Life Abhay is a Non-Linked Non- Participating term assurance plan that offers protection for your family in case of unfortunate death. One can choose between availing a life cover or a life cover with return of premium option. It comes with three different types of pay-out options which you can choose as per your needs There is also SUD Life Accidental Death and Total & Permanent Disability benefit rider available along with this plan.​

For more details please refer brochure in downloads section.​

The flexibility to choose from 2 plan options:

Life cover
Life cover with Return of Premium

3 death benefit payout options to choose from:

Lumpsum
Monthly Income
Lumpsum plus monthly income ​

Maximum policy term of 40 years

Maximum life cover is Rs.100 crores

Wider age at entry with eligibility from 18 – 65 years(Age last birthday)

Maximum age at maturity is 80 years

Tax benefits^ under Section 80C & Section 10(10D)

^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​

Policy Term:

Minimum 15 years
Maximum 40 years​

Premium Paying Term:

Single Premium,Regular Premium, Limited Premium 5/10/15 pay
                 (For 15 pay, minimum policy term is 20 years)

Sum Assured:

Minimum: 50 lakhs ​
Maximum: 100 crores ​

Premium Payment modes:

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

Maturity Benefit:

In case of a Life cover option, there is no maturity benefit available. In case of a Life cover with Return of Premium option, at the end of the policy term, all the premiums are returned, if the Life Assured survives till the end of policy term. ​

Death Benefit:

In case of death of life assured, during the policy term, Sum assured on death will be paid to the nominee as per the death benefit payout option chosen. Your policy will be terminated, and no further benefits will be paid. ​

Entry Age:

Life Assured: 18 – 65 years (age last birthday)
Maximum Maturity Age: ​Life Assured: m​in 33 & max 80 years (age last birthday)
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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.: 022-71966200, Fax No.: 39472811, CIN No: U66010MH2007PLC174472.

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