142N059V01 - SUD Life Elite Assure Plus is a Limited Premium Non-Linked Non-Participating Endowment Life Insurance Plan that offers protection for your family in case of unfortunate death and offers you additional protection by way of inbuilt accidental death benefit. The plan also helps you build up your savings and provides assured monthly payouts.
01.Benefits
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