USP of the Endowment Plus plan no 802

1. •Endowment ULIP – A Unique Product From the Market Leader.
2. •Flexi Options – Single Premium or Term 10-20 Years.
3. •Flexi Options– Settlement Option for Maturity Proceeds.
4. •Flexi Options - Flexible Risk Cover.
5. •Flexi Options - Four Fund Types.
6. •Flexi Options - Min Entry Age – ‘7’ Years (Children’s Risk Plan); Max Entry Age 60 Years.
7. •Death Benefit – Higher of BSA or Unit Value
8. •Partial Withdrawals & Settlement Options – Money on Demand.
9. •Better Allocation Rates; Best CEIS Benefit.
10. •Liquidity – Loan after 3 Years; Surrender after 5 years; Anytime, Withdrawals after 5 Years.
11. •Flexi Options– Single, Yearly, Half Yearly, Quarterly & Monthly (ECS) Modes of Payment
12. •FREE Fund Switches - Four per year
13. •Low Cost Insurance – Low Term Cover Cost; DAB @Rs.0.50.
14. •Rationalised Charges – Benefit to the Investor.
15. •EASY EXIT - No Bid Offer Spread, No Surrender Charges after 5 Years; No Discontinuation Charges for the Single Premium.
16. •IT Exemption U/S 80 C of IT Act 1961
17. •ULIP where Assignment Permitted.
18. •Cooling Off Cancellation Facility.
19. •Low Cost Term Assurance + DAB @ Rs.0.50 %0.
20. •Mortality Charges on ‘difference’ of the Sum Assured & Fund Value; No charges when Fund Value exceeds BSA.
21. •Higher of the ‘Sum Assured’ or the ‘Fund Value’. Fund Value is very high in long term policies. So, Risk Cover is ‘automatically augmented’.
22. •Partial Withdrawal Amount shall not be reduced, if not availed within 2 years from death.
23. •If the policy is lapsed, the Fund Value of Units is still payable.
24. •Riders to Suit Individual Requirements