| Company |
Min-Max Age |
Minimum Premium |
Fund Allocation Charges |
Death Benefit |
Maturity Benefit |
Minimum Premium
Payment Term |
Partial Withdrawal
(year) |
Surrender Value
(year) |
Smart Step plus
|
Life Insured:
21-50 yrs,
child:
3 mnths-15 yrs |
Rs. 20000 |
1st yr: 26%-30%
2nd yr onwards: 2% |
100% of sum assured. Company will pay all future premiums at one time. Family income benefit rider ensures a regular income every year (5% of sum assured). |
Accumulated amount till maturity date. |
3 yrs |
After completion of 5 yr |
100% value after 10th yr |
Smart Kid
Maxima
|
Life Insured:
20-60 yrs,
child:
0-15 yrs |
Rs. 12000 |
1st yr: 15%
2nd yr: 10%
3rd yr: 8%
4th yr to 5 th yr: 6%
6th yr onwards: 4% |
100% of sum assured. Company will pay all future premiums. |
Accumulated amount till maturity date. After completion of 10yrs, every 6th yr yours Accumulated value will be added with 60% of total premium paid. |
3 or 5
yrs |
After completion of 5 yr |
100% value after 5th yr |
Headstart
Future
Protect
|
Life Insured:
18-60 yrs,
child:
0-17 yrs |
Rs. 15000 |
1st yr: 18%-30%
2nd yr: 6%-14%
3rd yr: 4%-7%
4th yr onwards: 0% |
100% of sum assured. Company will pay all future premiums at one time. |
Accumulated amount till maturity date. |
3 or 5
yrs |
After completion of 5 yr |
100% value after 5th yr |
Saral
Children
Plan
|
Life Insured:
18-50 yrs,
child:
30 days-13 yrs |
Rs. 10000 |
1st yr to 3rd yr: 17%
4th yr onwards: 4% |
100% of sum assured. Company will pay all future premiums at one time. Riders are also available with this. |
Accumulated amount till maturity date with guaranteed benefits. |
10 yrs |
After completion of 3 yr |
100% value after 3rd yr |
Children
Fortune
Plus
|
Life Insured:
18-55 yrs,
child:
0-17 yrs |
Rs. 10000 |
1st yr: 29%
2nd yr to 3rd yr: 5%
4th yr onwards: 2.5%
8th yr onwards: 1% |
100% of sum assured. Company will pay all future premiums as a lump sum in one stroke. Riders are also available. |
Accumulated amount till maturity date with guaranteed benefits |
3 yrs |
After completion of 3 yr |
100% value after 3rd yr |
Unit plus Child Plan
|
Life Insured:
18-57 yrs,
child:
0-15 yrs |
Rs. 10000 |
1st yr: 15%-18%
2nd yr to 3rd yr: 5%
4th yr to 7th yr: 2%
8th yr onwards: 1% |
100% of sum assured. Company will pay all future premiums. Riders are also available. |
Accumulated amount till maturity date. |
3 yrs |
After completion of 3 yr |
100% value after 3rd yr |
Young
Scholar
|
Life Insured:
18-50 yrs,
child:
0-17 yrs |
Rs. 18000 |
1styr: 25%
2nd yr: 10%
3rd yr: 5%
4th yr onwards: 1% |
100% of sum assured.Company will pay all future premium as lump sum. |
Accumulated Value as per NAV at maturity time with loyalty additional bonus |
3 or 5
yrs |
After completion of 3 yr |
100% value after 8th yr |
