Details About Premium Illustration for a policy term of 25 years with a premium of Rs.50,000 and SA Rs.62,500 Policy Details Grace Period: grace period is not applicable under Single Pay plan Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy after 5 completed years. If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinued Policy Fund where it will earn a minimum of 4% p.a. growth. After completion of 5 years, the fund value in the Discontinued Policy fund as on that date will be paid to the policyholder. If surrendered after 5 completed policy years, the entire Fund value on the date of surrender is paid without any charges Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim. Inclusions One free partial withdrawal is allowed every year which should be a minimum of Rs.5000 and maximum of 20% of the Fund Value as on the date of withdrawal 2 free switches are allowed per policy year Under the Settlement option, the Fund Value can be taken in 5 equal instalments over 5 years after maturity Additional Features or Riders Accident Benefit Rider is available under the plan with a minimum coverage of Rs.25,000 and maximum coverage equal to SA or 50 lakhs whichever is lower Exclusions The benefit paid in case of suicide within 12 months of policy inception is the fund value as on that date. For the riders, accidents due to infection, drug abuse, self-inflicted injury, war or civil commotion, criminal acts, aviation, etc. are excluded
