SUD Life Sarva Suraksha Bima Plan

UIN -142N103V01| Non-Linked, Non-Participating, Individual Pure Risk Term Life Insurance Plan

Life does not come with a rehearsal. Responsibilities arrive early, and they stay. SUD Life Sarva Suraksha Bima Plan is designed to provide essential financial protection at an affordable cost, ensuring that your family’s future remains secure even in your absence. It is a simple, pure protection term plan that focuses on what matters most providing a lump sum payout to your nominee in case of an unfortunate event during the policy term.

Affordable pure term life insurance protection
Flexibility to choose Sum Assured and Policy Term
Lump sum death benefit payout
Tax benefits as per prevailing Income Tax laws

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What is SUD Life Sarva Suraksha Bima Plan?

SUD Life Sarva Suraksha Bima Plan is a pure term life insurance plan that provides financial protection for a fixed number of years chosen by you. If the life assured passes away during the policy term while the policy is active, a lump sum amount (Sum Assured) is paid to the nominee or beneficiary.

This plan is meant only for protection. If the life assured survives till the end of the policy term, no maturity benefit is payable.

The premium you pay depends on your age at entry, the Sum Assured you choose and the policy term selected. Premiums are payable throughout the entire policy term, as the Premium Payment Term is the same as the Policy Term.

Download Plan Related Documents

Product Brochure (Prospectus)

Policy Presentation

Policy Document

Product CIS

Benefits of SUD Life Sarva Suraksha Bima Plan

1. Lump Sum Death Benefit

2. Flexible Policy Term Options

3. Affordable Pure Protection

4. No Maturity Benefit

Why Choose SUD Life Sarva Suraksha Bima Plan?

Provides essential financial protection at a cost-effective premium
Clear and transparent lump sum payout structure
Flexible sum assured options
Multiple policy term choices
Simple, pure term plan with no investment or savings element

Frequently asked questions (FAQs).

1. What is the SUD Life Sarva Suraksha Bima Plan?

2. Who is eligible to buy this plan?

3. How is the death benefit calculated?

4. What happens if I miss paying premiums?

5. Are there any exclusions under this plan?

It is a pure risk term life insurance plan that provides financial protection for your family at an affordable premium. If the life assured passes away during the policy term, a lump sum death benefit is paid to the nominee. If the life assured survives till maturity, no benefit is payable as this plan is designed purely for protection.