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BIRLA SUN LIFE INSURANCE PREMIUM BACK TERM

  • This plan is an exclusive plan which ensures complete peace of mind by paying back the premium to you on the date of maturity.

    Features:

    • It ensures complete financial protection and support to your family in case of your unfortunate death.
    • The minimum age at the entry level is 18 years and maximum is 50 years for a 20year plan and 55 years for a 10 & 15 year plan.
    • The minimum sum assured under this plan is Rs.2, 00,000.
    • You get the option of paying the premiums annually, monthly, or quarterly.

    Benefits:

    • At the time of maturity, you will receive the total amount of premiums paid over the term of the policy.

    • This plan gives you two maturity benefits to choose from:

    1. 100% premium back.

    2. 125% premium back.

    • In case of your unfortunate death, the nominee of your policy will receive the sum assured along with the premiums paid over the term of the policy.
    • It gives you the option to choose from 3 riders at nominal cost:
    • Accidental Death and Dismemberment Rider.
    • Critical Illness Rider.
    • Waiver of Premium Rider.

    • Tax benefits can be availed under section 80C and 10(10) D of the Income Tax Act, 1961.
    Published on August 10, 2010 · Filed under: Birla Sun Life Insurance;
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