Eligible ages & Terms | |
Minimum Age: | 20 years |
Maximum Age: | 60 years |
Age (Maximum) on Maturity: | 70 years |
Shad Abad Life Assurance Plan is ideal for those who appreciate the Basic Savings purpose with Additional Protection clause for their loved one after their death or any other fatality. The person gets a sum insured and bonuses on completion of policy terms. Moreover on death during the policy term, the death benefit consists of Double of sum insured with accrued bonuses. Incase of death due to accident, the death benefit consists of Four Times the sum insured plus bonuses. The coverage can be further widened by attaching supplementary covers with the policy.