The flexibility to choose from 2 plan options:
Plan Option '5-5-5': Pay premium for 5 years, your money accumulates for another 5 years and receive payouts in the next 5 years
Plan Option '7-7-7': Pay premium for 7 years, your money accumulates for another 7 years and receive payouts in the next 7 years
Monthly Payout as chosen by you
In-built Accidental Death Benefit – double death benefit in case of accidental death
Maximum annual payout can be chosen to Rs. 10 lakh
Wider age at entry with eligibility from 18 – 55 years
Annual Payouts - equals to 5 X monthly payout during payout period.
Lump sum at the end of the policy term- up to 60 X Monthly Payouts
Income tax benefits are as per Section 80C and Section 10(10D) of the Income Tax Act, 1961
*In case of '7-7-7' plan option. For Plan option 5-5-5, the lump sum equals to 40 X Monthly Payout.