What is Star Union Term Plan?
The SUD Term Insurance Plan is simple and easy to buy. The plan gives peace of mind to policy holders as it secures the future financially. With growing financial needs of the family members, be it for education, marriage or any other event, the plan gives a chance to the customers to address these needs and stay happy.
What are its key benefits?
The SUD Term Insurance plan is available at affordable premium, starting at Rs. 500 per month. For higher sum assured, the Plan gives good rebates. In case of the policy holder’s unfortunate demise, the family receives the entire sum assured amount when they need it the most.
Why buy insurance on InsureMile online platform?
Because enquiry about insurance quotes, buying of insurance and other transactions are simple, transparent and competitive on InsureMile platform Because InsureMile does not ask you for your phone number or email details, thus you are not harassed by unwanted calls or mail. Because InsureMile will guide you, whenever you need any assistance
What are its features?
Nominal premium Policy term varies Good sum assured amount Premium rebates for higher sum assured Income Tax benefits under section 80C & 10 (10D)*
What is the claim ratio?
Star Union Dai-ichi Life has 94.08% as Claim Settlement Ratio (as per IRDAI Annual Report 2014-15).
The most important differentiator is InsureMile’s ‘Buy A Policy, Feed A Child’ mission. For every policy you buy, InsureMile on your behalf contributes 25 meals to a child. You are thus becoming part of a Social Movement to eradicate hunger among children in India. There is no additional amount to be paid for the social cause. It is part of the premium. You can claim tax benefits for the donation you have made.