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Age at Entry^
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Minimum: 18 Years
Maximum: For Policy Term 7 Years: 50 Years
For Policy Term 10 Years: 55 Years*
For Policy Term 12 Years: 50 Years
For Policy Term 15 Years: 50 Years
For Policy Term 20 Years: 45 Years
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Maturity Age^
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65 Years
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Policy Term
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7 years, 10 years, 12 years, 15 Years or 20 Years
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Premium Payment Term
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Policy Term Premium Payment Term
7 years Regular Pay
10 years Single Pay, 5 Pay or Regular Pay
12 years Regular Pay
15 years Single Pay, 7 Pay or 12 Pay
20 Years Single Pay or 10 Pay
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Base Sum Assured
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Minimum: Rs. 5,00,000
Maximum: Rs. 50 Crores, subject to underwriting as per Board approved underwriting policy
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Premium Payment Mode
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Single, Annual and Monthly
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Minimum Annual Premium
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For Level Benefit
For Reducing Benefit
Limited Pay
Rs.6,460
Rs.6,010
Regular Pay
Rs.14,425
Rs.12,705
Single Pay
Rs.29,570
Rs.26,915
For Level Benefit
For Reducing Benefit
Limited Pay
Rs.6,460
Rs.6,010
Regular Pay
Rs.14,425
Rs.12,705
Single Pay
Rs.29,570
Rs.26,915
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^Age as on last birthday
Substandard lives may also be covered subject to Company’s Board Approved Underwriting Policy and with an extra Premium, if applicable
*For 10 Policy term with Regular Pay option the Maximum Entry Age is 50 years.
Goods and Services tax, if any, will be charged over and above the quoted Premium.
Premium Discounts/Rebates
The Company will offer a Premium discount on the first policy year equivalent to first year commission as mentioned in the below table, for policies sold to its employees and employees of the DHFL group companies and its subsidiaries.
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Premium Payment Term |
Discount Offered |
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1 |
2% |
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5 |
12.5% |
|
7 |
17.5% |
|
10 |
25% |
|
12 |
35% |
For Policies bought online, directly by prospective Policyholders following discount would be provided on each premium paid.
|
Limited Pay Option |
2.75% |
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Regular Pay Option |
3.60% |
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Single Pay Option |
1.00% |