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T&C Apply *Scenario- Age 30 years| Gender- Male, Non Smoker| PT-10 years|PPT-10 years| Sum assured - Rs 50,00,000 | Pay frequency- Yearly|Annual Premium – Rs 4,350 = Approx Rs 12/day exclusive of GST.
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In case of death anytime before the age of 70 years, your nominee will get a sum of ₹ 1cr.
Death due to any cause (e.g., natural, accidental, murder, illnesses, calamities, Covid-19).
Suicide during the first year.
In case of your unfortunate demise during the policy term, the death benefit will be paid to your nominee.
The policy will stand terminated once the death benefit is paid.
The policy comes with an inbuilt terminal illness benefit. In case you're diagnosed with a terminal illness during the policy term, 50% of the applicable sum assured on death, subject to a maximum of ₹2.5 crore, will be paid immediately, and the remaining future premiums on your policy will be waived off.