Benefits-vision-star-plan

On death of the policyholder, future premiums are waived off and the benefit will be paid which will be SA on death subject to a minimum of 105% of premiums paid till death Sum Assured on death is higher of the SA chosen or 10 times the annual premium The annual payouts as chosen under the Options available will be paid as they accrue and accrued reversionary bonuses including Terminal Bonus, if any is paid on maturity The annual payouts can be deferred which will enhance the amount of payouts On Maturity, the accrued Reversionary Bonuses and Terminal Bonus is paid to the policyholder Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act.