835 New Endowment Plus_English

It is a unit linked insurance plan, it means that it is linked to the share market.


835 New Endowment Plus_Hindi

It is a unit linked insurance plan, it means that it is linked to the share market.


It is an Unit Linked Insurance Plan that is linked to the share market. It is a combination of Insurance and Investment. It offers different investment options. This plan can be taken for minimum 10 years and maximum for 20 years. Partial withdrawal is possible from 6th year onwards. This plan comes with DAB Rider.

Different Investment Options

Get the flexibility of investment by exercising desired investment option from various available options. Freedom to choose investment plan according to your risk appetizer.

Combination of Investment and Insurance

This plan offers benefits of both - Investment and Insurance. Having flexibility to choose your investment style offers keeps your money in safe hands upto desired extent. Get risk cover upto 10 times of the investment.

Unlimited Switching Facility

Switch between different investment options is easy and unlimited in this plan. Secure your money according to market conditions. Also, enjoy four switches free for every policy year.

Advantages

Avail Tax benefit on premium paid

Tax Free Maturity Amount

Tension Free Claim Settlement


Conditions


 MinimumMaximum
Entry Age90 days completed50 years (Nearer birthday)
Policy Term10 years20 years
Term25 years
PPTSame as Policy Term
Maturity age18 years Completed60 years nearest birthday
PremiumModeAmountNo limit
Yearly₹ 20,000/-
Half-Yearly₹ 13,000/-
Quarterly₹ 8,000/-
Monthly (ECS)₹ 3,000/-
Premium Paying ModesYearly, Half Yearly, Quarterly, Monthly ECS
Investment Fund TypesBond, Secured, Balanced, Growth
Annualized Premiums shall be payable in multiple of ₹ 1,000/- for all modes other than ECS monthly.
For monthly (ECS), the premium shall be in multiples of ₹ 250/-
Basic Sum Assured - (10* Annualized Premium) or (105% of the total premiums paid), whichever is higher.


For Linked Accident Benefit Rider

Minimum Entry Age :18 years completed

Maximum Entry Age :55 years nearest birthday

Maximum Maturity Age : 60 years nearest birthday

Minimum Accident Benefit Sum Assured :₹ 10,000/-

Maximum Accident Benefit Sum Assured :10 times of Annualized Premium subject to the maximum aggregate limit of Accident Benefit Sum Assured as ₹ 100 lakhs of Accident Benefit Sum Assured