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BIRLA SUN LIFE INSURANCE SECURE 58 PLAN

  • This plan will ensure that you get a guaranteed amount of funds with accumulated bonuses collected over the years for your days of retirement.

    Features:

    • The minimum age at the entry level is 18 years and maximum is 80 years.

    • The vesting age should be between 10 – 40 years from the entry level.
    • This plan is a combination of security, growth, and liquidity.

    • You get a 30 days grace period if you are unable to pay the premium amount on time.

    Benefits:

    • It gives the flexibility to withdraw your money anytime you need.

    • In case of  your unfortunate death, the nominee will get the higher of the two:
      • 75% of the base premium and all renewal base premiums paid.

    • The surrender value (or the Guaranteed Vesting benefit) at that time plus all accumulated survival benefits.
    • On the date of vesting you receive an amount which is guaranteed, if you pay your premiums regularly.

    • This plan also gives you a survival benefit at the end of the term.

    Published on August 10, 2010 · Filed under: Birla Sun Life Insurance;
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