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TERM PLAN -
PURE RISK COVER

BIRLA SUN LIFE INSURANCE COMPANY
 

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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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