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SUD Life Shiksha Suraksha 2 Plan

Presenting SUD Life Shiksha Suraksha 2 Plan specially designed for the education loan borrowers which enable you to acquire higher education, without worrying about passing on the loan liability to your family members.

Peace of Mind

Coverage against existing & new education loans to ensure that loan liabilities are not passed on to family members.

Value for Money

Decreasing Term Insurance plan at an affordable premium.

Income Tax Benefits

Get tax benefits under section 80 ( C ) & 10(10D)*

Moratorium Period Coverage

Full Loan amount is covered both in case of interest being paid or interest being accumulated during moratorium period.

Special Discount

If High Sum Assured amount is chosen.

* 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.

Minimum Age at Entry

15-65 years

Maximum Age at Maturity

70 years

Term of Loan to be Covered

2-30 years

Moratorium Period

0-8 years

Minimum Sum Assured


Maximum Sum Assured

Rs.5 crores

Premium Payment Mode

Single (One time)
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