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| Term
Plan; Birla Sun Life Insurance |
Highlights
Large life cover at low cost
Ideally suited for covering all your liabilities
Complete security for your loved ones
What is Birla Sun Life
Term Plan about?
The plan has been designed for people
who want to avail of the benefits of life
insurance at low cost. It is a low premium,
pure risk coverage plan which takes care
of your financial commitments towards
your family or dependants, should anything
unfortunate happen to you.
Unique Features
Riders - Accidental Death & Dismemberment
Rider, Critical Illness Rider, Waiver
Of Premium Riders available along with
the plan, you can avail of riders even
in the case of Single Premium Policy.
Favourable Term - Favourable Premium Rates
for Female Clients.
Age Benefit - Maximum age for maturity
is 70 years.
Face Value Rebate - Attractive Rebate
for Face Amounts equal to or greater than
Rs.5 Lakhs for regular pay and for face
amount greater than or equal to 7 Lakhs
for single pay.
Free Look Period - Review your decision
for 15 days from the date of receipt of
the policy document.
The
Plan
The plan has been designed for people
who want to avail of the benefits of life
insurance at a low cost. It is a low premium,
pure risk coverage plan which takes care
of your financial commitments towards
your family or dependants, should anything
unfortunate happen to you.
Term Plan
Entry age :
18-55 years
Minimum Face Amount
(Sum Assured) : Rs.2,50,000 in
case of single premium & Rs.2,00,000
in case of regular premium for a person
fulfilling the eligibility criteria.
Benefit Period :
As per policy terms 5,10, 15, 20
or 25 years
Premium Paying Period
: Single pay or over the duration
of the plan.
Premium Payment Frequency : Annually,
semi - annually, quarterly, Monthly (
through ECS) or one-time payment
Grace Period
: Pay your premium within 30 days after
the premium due dates
Amount due to nominee
in event of death of the life insured
: Face Amount
Maturity benefit
: Nil
Riders :
Accidental Death and Dismemberment rider
and Critical illness rider, Waiver Of
Premium riders, but only at the time of
purchase of policy.
* Tax Benefits
: Under Sec 80C and Sec 10 (10D) of the
Income Tax Act 1961**
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