Ashiana Suraksha - Group Term Insurance Plan
 
Ashiana Suraksha is a group decreasing term insurance plan which caters to the needs of all types of loan. Plan provides high sum assured and female rebate to the customers but does not provide any maturity benefits to its customer.People in the age group of 18- 65 years can be covered under this plan

Coverage ceases with the expiry of the term of the loan or on the date borrower attains the 71st birthday whichever is earlier.The maximum span of coverage can be 30 years, and the minimum tenure can be 5 years. The minimum sum insured is Rs. 10000 and there is no maximum limit. Mode of premium payment is single premium.

At any point of time from start of cover surrender value is available subject to loan being fully repaid before the end of the term. Nomination is compulsory under this plan. It also provides for the income tax benefits u/s 80c.
 

Disclaimer
 
For more details about the product and its features, please read the sales brochure carefully.
UIN for SUD Life Ashiana Suraksha Plan Plan - 142N002V01