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Product Information
Saving And Investment Plans Diamond Savings Plan
Synopsis:
A limited pay insurance plan that meets tomorrow's requirements along with protecting your loved ones. Investing in this plan will help you fulfill your medium and long term goals, such as child’s education / second income and retirement planning.

Features:

  • Receive guaranteed income*after premium payment term
  • Get vested Compound Reversionary Bonus and Terminal Bonus#, if any; on maturity or on death
  • Pay for 8 or 12 years for policy term of 18 or 25 years respectively
  • Get life cover for the entire policy term
  • Enhance your protection with optional Riders
  • Eligible for tax benefits under Section 80C and 10(10D) of the Income Tax Act, 1961, as amended from time to time.
*Provided the policy is inforce
Eligibility:

Plan Parameters

Minimum

Maximum

Age at Entry

0

50

Age at maturity

18

75

Premium (R) (Premium in multiples of 1,000)

18,000/- p.a.

No Limit (subject to Underwriting Policy)

Policy Term (PT)

18 years or 25 years