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SUD Life Century Star

​​​​​​​​​​​​SUD Life Century Star is a Limited Premium Non-Linked Non-Participating Savings Life Insurance Plan that offers protection for your family in case of unfortunate death. It can meet the requirement of customers who are looking to pay premium for a limited period and a lumpsum maturity benefit.

​​​​​​Limited Premium Payment Term of 7 Years

Flexibility to withdraw from 13th year with attractive surrender benefits

Guaranteed Maturity Benefits*

Option of availing the following riders

Accidental Death and Total & Permanent Disability
Family Income Benefit Rider

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

​# Tax benefits are as per Income Tax Act, 1961 and subject to change from time to time.
*Payable at the end of maturity term, on survival of l​ife assured and policy is in force.
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Policy Term:

Minimum 12 years
Maximum 16 years

Premium Paying Term:

Limited Pay for 7 Years.

Sum Assured:

Minimum: 5 lakhs
Maximum: 20 crores

Premium Payment modes:

Only Annual Premium Payment option is available with this product.

Maturity Benefit:

On survival of the Life Assured to the end of the Policy Term, provided the policy is in-force, Guaranteed Maturity Benefit shall be payable. The Guaranteed Maturity Benefit is determined basis the age and policy term as chosen by the policy holder.
Please refer to Guaranteed Maturity Benefit table in download section

Death Benefit:

In case of death of the life assured, Death Benefit is immediately payable, and your policy will be terminated, and no further benefits will be paid.

Sum Assured on Death is defined as highest of:
10 times of Annualized Premium OR
105% of all the premium paid as on date of death

The death benefit will be reduced by the total premiums falling due and unpaid during the policy year in which death occurs. Where,
Annualized Premium refers to premium payable in a year excluding any taxes, underwriting extra premium, rider premium and loading for modal factor, if any
Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes
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In any case, the death benefit will be as high as surrender value as on date of death of the Life Assured.
ParametersMinimumMaximum
Age at Entry (last birthday)8 years55 years
Age at Maturity (last birthday)20 years71 years
Sum Assured on Death (Rs.)5,00,00020,00,00,000
Annualized Premium (Rs.)50,0002,00,00,000
Policy Term (years)1216
Premium Payment Term (years)7 years
Premium Payment ModesYearly
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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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