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Elite Assure Plan

​Life has always been the way you wanted it to be. Even to the finest details, you know what you want. You live in today but are constantly shaping your future. Thinking ahead, you are the maker of your days- today and tomorrow. Presenting SUD Life’s Elite Assure Plan that combines savings and protection, to give you the freedom to build a supplementary future income, so that your tomorrow can be just like today.

Flexibility to Choose your Future Income

5-5-5 option- Pay premium for 5 years, your money accumulates for another 5 years and then receive payouts in the next 5 years
7-7-7 option- Pay premium for 7 years, your money accumulates for another 7 years and then receive payouts in the next 7 years

Assured Benefits including

Monthly Benefit as chosen by you
Annual Income- 5 X monthly income
Lump sum at the end of the policy term- up to 60 X monthly income$

Financial stability to your family in case of your unfortunate demise

Lump sum paid as guaranteed maturity benefit- 40 X monthly income for Plan Option '5-5-5' & 60 X monthly income for Plan Option '7-7-7' paid at the end of policy term.

Income Benefit

Monthly Income as chosen by you
Min- Rs. 10,000
Max- Rs.5,40,000
Annual Income of 5 X Monthly Income
Maturity Benefit of 40 X Monthly Income for 5-5-5 option & 60 X Monthly Income for 7-7-7 option

Death Benefit

Sum Assured (i.e. 11 X Annual premium, rounded up to the next Rs. 1000)

Policy Term

15 years / 21 years

Premium Payment Modes

Yearly, Half Yearly, Quarterly or Monthly#

Income tax benefits under section 80(C) & 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.

# Monthly mode through ECS/SI only.

Entry Age

20-50 years

Maturity Age

35-71 years
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