This is what we offer with the plan

  • Benefits

    Maturity benefit

    Maturity benefit is equal to Vested Guaranteed Additions + Last GAP + Vested Simple Reversionary Bonuses, if any + Interim Bonus, if any + Terminal Bonus, if any

  • Benefits

    Death Benefit

    In the unfortunate event of your death during the term of the policy provided the policy is in force, the death benefit is paid immediately. Additionally, no future premiums are payable and your nominee would be paid the guaranteed annual payouts on their respective due dates. Your policy will continue to participate in the surplus of the participating policyholder’s life fund and the vested simple reversionary bonuses, if any, along with the interim bonus, if any and terminal bonus, if any, would be paid at the end of the term. Accrued Guaranteed Additions would be paid at the end of the term as well.

  • Benefits

    Tax Benefit

    Deduction under section 80C: The premiums that you pay may be eligible for deduction under section 80C of the Income Tax Act, 1961. For the Financial year FY 2018 -19 deductions can be claimed under Section 80CCE up to Rs. 1,50,000 for the total payments, contributions made under Sections 80C, 80CCC and 80CCD. Tax-free benefits under section 10(10D): The benefits received under the plan are exempted from income tax under section 10(10D) of the Income Tax Act, 1961.

Sample Policy DocumentDownload

Know the eligibility for this plan

Go Back
18 Years (Min)
Regular payment option: 40 Years (Max)
Limited payment option: 45 Years (Max)
29 Years (Min)
Regular payment option: 60 Years (Max)
Limited payment option: 65 Years (Max)
11, 15 and 20 years
Regular payment option: Equal to policy term
Limited payment option: Equal to policy term less 5 years
 Yearly
Rs. 18,000 (min)|No limit (subject to underwriting)
eligibility
I am years old
I would like a return of Lakhs
At the end of years

You are eligible.

You are not eligible.

Blog resources related to Wealth Gain Insurance

News
Life Insurance

5 things to consider before purchasing life insurance

News
Personal Finance

Household budgeting in the Post Demonetisation era

News
Retirement Plans

How To Make A Life Insurance Claim

Need help
3 + 7 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.