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Star Union Da-ichi Traditional / Investment Plans
Star Union Da-ichi Life Insurance Company has all types of conventional insurance plans for its customers with varied features. Let us see the available plans with the company in a detailed study for a better understanding.
Star Union Da-ichi Traditional / Investment Plans Overview
Star Union Da-ichi Life Insurance Company has all types of conventional insurance plans for its customers with varied features. Let us see the available plans with the company in a detailed study for a better understanding.
What are Traditional / Investment Plans?
Traditional Plans are called such because they are conventional in their investment strategy. They have to invest the collected premiums as per the specified guidelines of the Insurance Act and so the customer doesnt get any market exposure in these plans. Moreover, the investment plans are issued for a longer tenure and during that tenure the plan is rigid. Some basic plan features are as follows: Premiums are payable as per method specified in the plan and if there is any failure to pay the premiums, the Sum Assured is reduced to a paid-up value which is paid as the maturity or death benefit. The plan is offered for a longer term and partial withdrawals are not allowed from the plan. Bonus may accrue under the plan depending on the profits made by the company if the plan is issued as a participating plan Endowment and Money Back are the two variants of traditional plans
Star Union Da-ichi Investment Key Features
Star Union Da-ichi Life Insurance Company has all types of conventional insurance plans for its customers with varied features. Let us see the available plans with the company in a detailed study for a better understanding.
Have you used this product?
Star Union Da-ichi Life Insurance Company has all types of conventional insurance plans for its customers with varied features. Let us see the available plans with the company in a detailed study for a better understanding.